Satoshi Prepares for Record Breaking Highs
Dimensions: 12inch/30.6cm diameter wide and 1.8inch/4.7cm deep
Materials: Repurposed vinyl records, high density fibre board, acrylic paint, neon paint
Price: £369 (+£20 postage & packaging) payable in BTC
The Story…
Humble Satoshi had finished tending his land and took a few moments to enjoy the view of his creation… in the distance he saw the new range of a metropolis cityscape emerging
Bitcoin had started to enter fully into the consciousnesses of the masses and was beginning to be acknowledged by the all consuming city slickers
It was then the news of a pandemic really hit and the market took a tumble…
All markets round the world took a predictable nose dive… even bitcoin whose price movements seemed ambivalent to traditional markets got smacked down by the oh so very weak hands of the greedy get rich quick herd
Satoshi raised his staff and aligned it with the will of the people, the hash power and the trust, and guided it towards transactions
It didn’t to last long… laughing at the feeble fingers of the spineless greedy, the bulls began to charge, the cyberhornets and honey badgers momentarily stopped drinking on the cherry blossom and headed straight onto the action… the alpacas put on their best socks… and the hodlr’s of last resort did what they did best…
nothing…
…apart from eating a few more tacos, opening a few more beers and flamboyantly stuffing more pop corn in their faces than usual… for they indeed, loved this shit
Within a month normal the NgU factor had returned to normal
Explanation of Elements
The purpose of this piece was to bring the Satoshi Series/Story up to date, move the mountain range along a bit and I wanted to highlight a significant moment in history that highlighted the true Free Market nature of bitcoin
The 2017 peak provided great detail, but time has moved on significantly… The mountain range (bitcoin price) now spans 15th July 2019 – 28th September 2020
Just in front of it, in silhouette black, you will see the Transaction graph over the same period…
We’ve all heard of the “Invisible Hand” of the market as described by Adam Smith (The Theory of Modern Sentiments 1759)… mainstream economists say this happens today… but in truth in Keynesian economics this is usually the government getting involved…
However, we saw it here in the free market of bitcoin
If you align yourself directly to the centre of the piece you will see Satoshi’s “Invisible Hand” doing it’s thing
If you believe “We are all Satoshi” then you can see the free market here at play… good people, the bulls, honey badgers, alpacas, cyberhornets, you and I, acting in our own self interest but with a common belief, turned a manufactured situation of the weak and greedy into something that will continue to benefit us all
I love the idea of redefining what a picture frame should be… a part of the piece itself… in this case I used vinyl records as a play with the metaphor of “Record Breaking All Time Highs”
On the reverse side I reused the inner sections of vinyl to act as the hanging system for a simple screw in the wall
Each piece has an NFC tag embedded and will be connected to a Certificate of Authenticity (certificate of existence) provided by Scare.City
I hope you enjoy it as much as I have making it
Chiefmonkey
