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BitchCoin Is a New Cryptocurrency for Art

Artist Sarah Meyohas has created a new paradigm for selling her art—and it's a b*@!#.
Speculation by Sarah Meyohas. From Bitchcoin.biz: "Speculation is the first image to back BitchCoin. It is currently stored in safety deposit box #138 of HSBC, 110 William Street, NY, NY 10038." via

Artist and finance whiz Sarah Meyohas has created a currency that packs a punch—or, rather, a slap: BitchCoin. In this sassy spin on cryptocurrency, Meyohas plums ever deeper into the depths of artistic economies. By purchasing one of the artist’s BitchCoins, investors can bet on the uncertain future of Meyohas’ not-yet-produced art.

The exchange rate of Meyohas’ system is fixed at "1 BitchCoin to 25 square inches of photographic print," a rate at which Meyohas promises will remain fixed. After purchasing a BitchCoin, each investor receives a physical certificate with the information for an encrypted BitchCoin account. Although they risk losing the increase in the future values of Meyohas’ art, at any point, investors can exchange their coins for one of the artist’s prints. "Visual artists generally don’t receive royalties like musicians or writers," Meyohas explains on the BitchCoin website. "An artist’s work might fluctuate wildly on the market, changing hands between collectors several times without any permission of, or compensation to, the artist. BitchCoin gives Sarah Meyohas a controlling stake in the supply, demand, and price of her own work."

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The BitchCoin logo, via

BitchCoin is focus of Where Gallery’s Where 6 exhibition, which focuses itself around prediction. Potential investors can attend the BitchCoin launch party on February 15th, where 200 coins will be sold backed by Meyohas’ edition of "speculation" prints, Speculation (viewable above). Soon, BitchCoins will be available in their own online currency exchange.

Learn more about the project on the BitchCoin website and check out Meyohas’s other artwork on her own site.

Via Artlog

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