Bitcoin Forum

Lincoln Townley, one of the leading British contemporary art figures (called "the new Andy Warhol"), just sold a collection of paintings for 490 BTC. He is accepting Bitcoin for his works since 2017, when he sold a painting for an equivalent of ca. $500 k.
To be honest, this is a great way of promoting BTC to the public.

And if anyone asked - in the picture here: https://imgur.com/dd0giBl you can see some of his paintings combined;).

Through the artwork to develop Bitcoin, I think it's a very good idea. But to develop Bitcoin I think through investment assets, trading assets, payment assets and more challenging as a gambling asset. I read a while ago about the topic of developing Bitcoin through gambling assets.

Yeah, all we can do to develop Bitcoin so that people can get acquainted near Bitcoin. Even so that Bitcoin can be used in everyday life.

Agree with you in this topic give some proof that people using bitcoin(lot of bitcoin) to buy artwork. But it doesn't mean promoting btc via art only, and as bitcoin enthusiast i also build some plarform or business that only accept payment using bitcoin. However this is only work for digital business(my business), when i tried to implement payment only using bitcoin it's not sucess.

Yes it is a nice way. I've also seen an artist that promotes bitcoin through his mural. He's also a member of the forum, Pascal Boyart.

Street Artist Hides $1,000 in BTC Inside a Mural Depicting Paris Protests (https://news.bitcoin.com/street-artist-hides-1000-in-btc-inside-a-mural-depicting-paris-protests/)

Street Artist Who Hid 0.26 BTC in His Mural Just Got a Major Bitcoin Tip (https://breakermag.com/street-artist-who-hid-0-26-btc-in-his-mural-just-got-a-major-bitcoin-tip/)

I don't think this to be a better way of promoting bitcoin. From my understanding he is an individual artist and he has accepted bitcoin for the painting he has done. This seems to be a way to eliminate the taxation on the amount being got for the painting. If the transaction was made in terms of fiat, surely he'll be supposed to pay big Tax, now accepting bitcoin he has benefitted out of it.

The new Andy warhol does not look anything like the old andy warhol in my opinion,,, but it seems like he has already made a lot of money.

5 million dollars wow. Did anyone imagine you could have artists making this much btc in the real world before? I know I am still surprised! Amazing news for the guy.

It's nice that this artist accepts Bitcoin as payment, of course. It can boost awareness and adoption is certain circles. But at the same time when I was hoping for something bigger under such a name of the thread. Like a contemporary artist making a painting, devoted to cryptocurrencies or something like that. That would indeed be promotion via art, and what's really the case is not as big of an event. Oh, and by the way, it seems that Bitcoin art exists as well, it's just not nearly as popular as this Lincoln guy:  https://www.artforcrypto.com/.
That's more like it! This is the real promotion and a very sophisticated one. I like it!

Not going to look up if that 490 BTC thing is genuine. I say good props on anyone who can convince people to part with that amount of money for art.

In the eye of the beholder and all that. 100%

But getting it in bitcoin isn't really that much of a special advertisement in that amount. Although I can almost see the headlines down the road.

Criminals use bitcoin and art auctions to launder money.

Among Bitcoin millionaires, there are many connoisseurs of art. This is what this artist is guided by. I support him, it’s called to be in a trend and understand that Bitcoin is worth selling art figures for it

Lincoln Townley understands the value of Bitcoin and I would not surprised if he is a crypto trader in addition to his professional activities. It would be nice if other artists adopted the experience and also sold their works of art for crypto. This greatly helped to popularize Bitcoin.

I guess this depends on the audience you are targeting and you should give it sometimes.  There are lots of services that were paid in Bicoin and are doing well.  Though I believe you should implement several options in your payment so that it won't hurt if your client is  unable to pay in BTC.  Either way just having a BTC payment option in our business promotes BTC usage.

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It is a good news that some people are taking profit while promoting BTC by selling their arts.  This will encourage several artist to do the same and that will be good in Bitcoin economy.   More services that demands and allow Bitcoin payments means more path for mass adoption.

Indeed, its possible that most of them will be curious and fascinated about bitcoin. Though we can't really assure that they will come and invest. Anyway art is a creative way to earn money and since most of us have enough knowledge about bitcoin, people like us will absolutely be interested and amazed at the same time.

I really don't see the value in a painting like the one shown in the OP, then again I really don't know anything about art :P
I mean, it's definitely kinda neat that he's selling them for Bitcoin, it shows that there's adoption in so many different "industries" (if you can call art an industry)

Now, stuff like this I do really like:

I'm a big fan of interactive art like this, heck if the artist accepted donations, I'd definitely send him something for his trouble!

There are large areas of activity where people quickly learn about something new. Cars, food, sports, art, all this helps to spread information about something new. That’s why I agree that this artist will help popularize Bitcoin in art and i am so excited with it.

Art is an important means through which communication can be done with ease. You can just imagine the world without any form of art, the beauty of the world would just be lost. Bitcoin can certainly be projected through the appropriate works of arts.

Yep, the first time I saw it. I already liked his art.

Actually he's also in this forum in the Digital goods section and he posted recently, you may contact him anytime you want.

Street Art Digital Collectibles (https://bitcointalk.org/index.php?topic=5182136.0)

There are many large companies in cooperation with Bitcoin. But the company does not exist that sells artwork like paintings. This will add to our knowledge to develop Bitcoin. Antique entrepreneurs may be more interested in developing Bitcoin to buy an artwork.

This is a very real development and can benefit the artwork.

But never forget that for him to accept this huge amount as payment for his art must be too much risky,we knew how volatile cryptocurrency is that it can double the amount or divided this in just a matter of minute or hour so this painter is really a crypto enthusiast

But ofcourse your point is also valid because the taxation is really high compared to the transaction fee i he use bitcoins payment method

Anyway whatever the artist intentions here the most important thing is he is accepting bitcoin and this will help the market to circulate more

I remember someone from this forum who genuinely promoting different cryptocurrency through painting but I forgot what is his name. He's selling his artwork for BTC but I don't know if someone buy his artwork after that.
Yes, it is a good way to promote cryptocurrency through painting since people will recognise it if offered publicly.

indirectly he has promoted BTC, I also think like that,
but the question is does he not regret receiving BTC payments in 2017 to 2018?
because we know that BTC prices have been bearish for more than 1 year,
I hope he still keeps it or has sold it at the end of 2017.

Bitcoin and art are profitable investments, both of which benefits the owner. Usually paintings or other art goods that are made a profitable investment are art goods that made by legendary artist and have high artistic value. In 1958, the price of Salvator mundi painting by leonardo Davinci is $60 then it was sold at around $450 million in 2017. Curators can find out valuable art goods, its not only about promoting BTC via art but buying art using bitcoin is indeed apropriate.

It's just like Bitcoin. Its worth whatever anyone is willing to pay for it.  :)

This Lincoln Townley must have already earned the admiration of art enthusiasts. An artist of lesser popularity would find it next to impossible to sell a painting collection for 490 BTC. At the current price, that is already a whooping 4,980,850‬ USD. Although very from being an art connoisseur myself, I was kind of amazed at the price vis-à-vis the artwork.

The likes of this man accepting BTC for their works is indeed a great way of spreading the word within an almost exclusive niche. Small individual initiatives like this will make an ocean of BTC supporters flowing in.

Geez, that amount was shocked me. I never thought that his paintings would have an expensive price.

But that is a good way to introduce bitcoin to the public since, in the art section, we have so many collectors who want to buy the antique collection. And I think we can promote bitcoin using the same way as him. $500k is not small money, and I believe he deserves to get that money.

I just commented about "PBOY" Pascal Boyart maybe that's the guy that you have seen before. Check his profile account (https://bitcointalk.org/index.php?action=profile;u=2332109), the postings he had on Digital goods and Collectibles were about his artworks.

He was also featured in many news articles like this.

https://news.bitcoin.com/street-artist-hides-1000-in-btc-inside-a-mural-depicting-paris-protests/

This is fantastic, the good thing about this is that: the buyers and persons present are the auction and exhibition will be amazed and want to research more about bitcoin. 490BTC is huge. Should he keep these bitcoin and bitcoin hits $20K again, then the artist has a great story line to tell the world.

I was thinking that this thread is about someone doing art about tc and crypto.
Instead it is about selling art with crypto, this is a good business decision from artist because he allows special customer base also to buy his paintings.
Some of them can have alternative motives ( money loundering) but i suppose buying art with cash is the same.

wow! never thought of an idea involving painting. really innovative

Nice trying promote bitcoin using art, we can make many public of art interested how to get profit with bitcoin as investment assets, now we have start for promoting bitcoin.

Hey Sunsilk, thanks for the quote!

Will come again very soon with similar works.

Can't say exactly he is doing it for the sake of bitcoin but still good, want or not, it's automatically promoting of bitcoin. But the reason why I post here is that there are better ways of promoting bitcoin and some of our forum's members were doing that, so don't want them to be forgotten. For example Condoras was printing bitcoin puzzles and selling them (don't know if he still has that business). Also some members were just creating creative bitcoin arts and lot more.

Wow it is really looking good I like this art

It would be a great idea if a marketplace would exist where art can be bought with bitcoin.
People are very interested in art and it is a great way of promoting our decentralized idea. Townley was very clever to accept Bitcoins for his work and it was totally worth it considering to the amount he received.

And it has to be stressed, that the fact he is already well known is having much more potential influence on public adoption of BTC than the "regular" person. Of course the amount only makes it more catchy to the mass media.

nice . thanks to this guy because he help btc to be discoverable in his own little ways  .  the amount of btc that he already accumulated are pretty big and he only started on the year 2017 were the prices of btc are too expensive , thats too impressive  . his arts must be really good enough to sell that high  .

 recently i see someone offering his services like this one , he posted it on the service section but alot of users only bash him.  why dont we give him a chance? what if someday he can become the guy that is featured on this thread. .

To be honest he really is famous, especially for the series of portraits of celebrities (and even Queen Elisabeth herself), which had been REALLY popular.

BTC can be changed to dollar and the dollar is money. So except he is the guy that would keep the bitcoin then he is just like making the payment accessible for more people and if that's the case he is just after his own

He will introduce bitcoin to the public with his work, and I am sure he can reach more people to enjoy his collection. Maybe someday we will see people can buy the art with bitcoin because it needs approval from the government although he already did it since 2017. The truth is he help the bitcoin, and the bitcoin will help him too ;)

The public will see that bitcoin can be used as the payment, and it does not just stop for buying art, but it could be used to other things.

Bitcoin may become alternate payment just like CC or paypal.
Using btc as payment also encourage people to invest as well so that's why government play the important role to introduce bitcoin in public widely

It's amazing combination !

Wow, that is a good way to go there, I think this is the first I will be seeing of someone really accepting huge amount of money through bitcoin, we need more of such transaction to keep going because this will continue to create lots of demand for the coin. He is indeed a talented man, I love painting like it's my life and if I even had money to donate to him, I would do so without buying the paintings and even after buying the paintings.

I think the acceptance of bitcoin is also growing, I am building my clothing line now, and would be ready in some few months, I am already working on how I can also implement bitcoin payment processor, just looking for the best API provider now that would make the  process smooth and steady.