Colonial Bit

$1,432.45

Sold By : Ray Istre
SKU: PA132 Categories: , , , ,

This piece features Colonial Script and the Bitcoin symbol surrounded by abstract design. Creating their money, the Colonists pocketed the expense of using the British Pound, the World Reserve Currency at the time. Bitcoin is like Colonial Script, breaking away from the government banks. The abstract surroundings evoke questions of the unknown concerning the new cryptocurrency movement.
Ray Istre
 
Acrylic on paper mounted to painted 11″ x 14″ canvas board.
Pictured image is 8.5″ x 11″ painting mounted to the painted canvas board.
Ready to Hang or can be framed
one-of-a-kind
2014
14″ h x 11″ l x 1″ w
Abstract
Texas, USA
About the ‘Art of Bitcoin’ series by Ray Istre:
“In celebration of Bitcoin and other cryptocurrencies, I have endeavored to create art based on common values. Benjamin Franklin believed that the American Revolution was about English Bankers convincing the King of England to outlaw the money created by Americans called ‘Colonial Script’. This forced the English bankers’ money upon the colonialists, upon which they had to pay interest. Creating their own money cost nothing in interest and the American economy was doing very well. When interest was forced upon them, the economy crashed because profits were taken away. Franklin wrote that we would have paid a little tax on tea, but taking our money away was too much. This form of revolution has taken hold in every culture around the globe. With all of this in mind, is it time for a currency that is not under the thumb of the Federal Reserve, IMF and government control? Is cryptocurrency that form of money? Is the American Federal Reserve the England of the 1770′s? or the Ghengis Khan of China?”

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