[2015-03-05] Nobody Buys Art With Bitcoin

[polynesia]

Nobody Buys Art With Bitcoin

http://observer.com/2015/03/nobody-buys-art-with-bitcoin/

If technology is going to radically overhaul every industry on our planet and software is going to “eat the world”—as Silicon Valley investors are wont to say—the art world will be the absolute last to go, dragged kicking and screaming into the 21st Century.

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[lyth0s]

There are a few artists on these forums that sell art (primarily bitcoin related) for bitcoins. If you look at the population of current bitcoin adopters you'd see that its mainly males, usually techy or nowadays people into day trading. You would first have to find art that appeals to these people and find a way for them to buy it online (most techies aren't going to go to a conservative art display).

[okthen]

I don't see how art will be affected, since you can buy it online and often through Amazon/Ebay who are likely to accept bitcoin soonish/someday.
Maybe live shows and buying tickets will be more complicated, but not much more than buying a coffee with bitcoin.

[polynesia]

There are a few artists on these forums that sell art (primarily bitcoin related) for bitcoins. If you look at the population of current bitcoin adopters you'd see that its mainly males, usually techy or nowadays people into day trading. You would first have to find art that appeals to these people and find a way for them to buy it online (most techies aren't going to go to a conservative art display).

That is a fair point. The purchasers of fine art are most probably successful, middle-aged business.
This doesn't fit in well with the average bitcoin user.