BitchCoin conforms to both Chartalist and Metallist readings
February 9, 2015 9:46 AM   Subscribe

What is BitchCoin?
BitchCoin is a digital currency backed by the photography of Sarah Meyohas at a fixed exchange rate of 1 BitchCoin to 25 square inches of photographic print. This rate of exchange will not change, even if the value of the photography increases. As her work changes in value over time, so will the relative value of BitchCoin.

BitchCoin is the focus of “Where 6,” an exhibition on prediction at Where, a gallery and publishing house headquartered in a shipping container in Brooklyn. Where invited Sarah Meyohas to “mine” her coins in the gallery and design how BitchCoin would operate. The installed mining rig can viewed through Where’s live-streaming webcam.
posted by Potomac Avenue (15 comments total) 5 users marked this as a favorite
 
Well this is the most William Gibson-esque real-life story I can think of.

I don't understand what act will constitute "mining" a coin. Putting a print in the vault? What does a "mining rig" computer do in this case?
posted by Western Infidels at 9:58 AM on February 9, 2015 [2 favorites]


I was hoping this was a way for me to buy the right to piss and moan.
posted by jonmc at 10:05 AM on February 9, 2015 [8 favorites]


I am going to short her currency, romance, marry, and have children with her. The ineluctable desire of all parents to photograph children will debase the value of the currency and then I will be filthy rich. And have wonderful prints of my beautiful children.
posted by vorpal bunny at 10:07 AM on February 9, 2015 [14 favorites]


I am going to buy 1% of all bitchcoins and corner the market on bitchcoin with my bitchin' bitchcoin trove.
posted by oceanjesse at 10:22 AM on February 9, 2015 [1 favorite]


Given that the first image to back BitchCoin is called "Speculation", is of a naked woman and features an infinite regression, I'd be long sarcasm.
posted by chavenet at 10:23 AM on February 9, 2015


It's like Bitcoin, but made out of irony.
posted by a lungful of dragon at 10:25 AM on February 9, 2015


It's like Bitcoin, but made out of irony.

Isn' t that what Buttcoin is for?
posted by surazal at 10:29 AM on February 9, 2015 [2 favorites]


Oh god the laughs in the Ulbricht thread...

Sit in a corner with your back to the wall.
posted by a lungful of dragon at 10:37 AM on February 9, 2015


oceanjesse: "I am going to buy 1% of all bitchcoins and corner the market on bitchcoin with my bitchin' bitchcoin trove."

Will you be drivin' a bitchin Camaro?
posted by symbioid at 10:39 AM on February 9, 2015 [1 favorite]


Oh god the laughs in the Ulbricht thread...

Probably a bit off-topic, but since we're talking about laptop hard drive security...
posted by surazal at 11:02 AM on February 9, 2015 [1 favorite]


I'm a bit surprised there exists a photographer website that isn't in Flash.
posted by cjorgensen at 11:19 AM on February 9, 2015 [6 favorites]


Western Infidels: bitcoin mining
posted by disclaimer at 11:51 AM on February 9, 2015


since we're talking about laptop hard drive security...

Not exactly a $5 wrench in this instance.
posted by ODiV at 12:35 PM on February 9, 2015 [1 favorite]


Wow, is $2,500 a typical price for prints of a photo like that?
posted by fivebells at 2:16 PM on February 9, 2015


It's like Bitcoin, but made out of irony.

so it's like Bitcoin
posted by feckless fecal fear mongering at 3:24 PM on February 9, 2015 [3 favorites]


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