Everyday seldom goes by without Bitcoin in the news. The stories usually centre around its fluctuating price but one artist has made headlines turning the occurrence into a literal act of art.
Andy Bauch created his ‘New Money’ series brick by brick, employing several 100,000 LEGO pieces.
Hidden inside the assortment of over a dozen functions are the estimated $10,000 worth of bitcoin along with other cryptocurrencies — all you need to do is crack the code to get your hands onto the virtual gold.
The mosaics are representations of Bauch’s very own cryptocurrency pocket codes. Those who have a keen eye for enigma-solving could have a windfall. For Bauch that the “central questions” behind the works are: “What is the value of art?” and “what is the value of money?”
“In New Money, the Bitcoins embedded in each piece provide poignant commentary on the ethereal and fragile value of both, with their prices fluctuating in tandem with the constantly shifting cryptocurrency market,” Bauch said at a press release about his project.
Each name in the LEGO-rendered show relates to the value of this bitcoin if Bauch initially bought it. For example, the above piece is called ‘$80’. Other works are called $20, $50, and $90. In a nod to the ever-changing worthiness of cryptocurrency, the worth of the coin represented in Bauch’s bits is also constantly changing.
But if a keen-eyed audience manages to solve the riddle, the electronic money could then empty from the corresponding pocket
For the artist, the exhibition is a means of helping people “without computer science backgrounds” to “visualise and understand the rather abstract concept of cryptocurrencies and simultaneous democratising the potential and volatility that comes along with them.”