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Screen Printing, Paralelní Polis and Cryptoanarchy With Martin Fischer

“My art is for those who already know, and absolutely not understandable for people from outside the crypto community … which I love.”

The post Screen Printing, Paralelní Polis and Cryptoanarchy With Martin Fischer appeared first on Bitcoin Magazine.

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On a cold February night in 2003, citizens of the Czech capital could see a big red question mark hovering above Prague Castle, office of the nation’s president. Not much later, a similar question mark replaced every single advertisement in the city’s metro system: Over 700 station platform posters had been covered up overnight. They turned out to be the first stunts of local art collective Ztohoven. The question mark symbolized its doubt in the Czech government and humanity’s direction as a whole.

More guerilla-style pranks would ensue in the following years. The flag above Prague Castle was at one point replaced by a giant pair of shorts, a morning TV program was hacked to show a (rather fake looking) nuclear explosion in the Czech countryside, and members of parliament had their phone numbers spoofed to make it seem as if they were sending one another messages calling for moral reform.

Then, in 2014, Ztohoven teamed up with the Slovak hacker-space Progressbar to found Paralelní Polis. The markedly black building in the city center of Prague was named after a concept by political thinker and Soviet-era dissident Václav Benda, about a society that exists independently, in parallel with the state. Paralelní Polis today operates the world’s first bitcoin-only coffee bar, is home of the Institute of Cryptoanarchy think tank and hosts the yearly HCPP hackers congress, among other things.

Graphic designer Martin Fischer is an early member of Ztohoven, and has been involved with Paralelní Polis from the start. Since then, he’s been producing cryptoanarchy-inspired art and last year started to focus exclusively on Bitcoin-specific posters for his Cypherpunk Now project.

An Interview with Ztohoven Artist Martin Fischer
Paralelní Polis. Image courtesy of Fischer.

Martin, your work is a big part of the Paralelní Polis identity; you designed posters for the HCPP conferences and even created the white triangle logo, right?

Yeah, the triangle represents the three directions of Paralelní Polis: education, art, technology. Paralelní Polis also has the slogan “enter outside,” which I explain as you are inside the triangle and you are welcome to enter a much larger space outside the triangle …

I have my own studio now, but my first screen prints were made at Paralelní Polis. When I got screen print equipment in 2015, it motivated me to print my first artworks. I was learning the whole screen print process, and in 2017 I made posters for HCPP, which were very well accepted by the hackers community.

Paralelní Polis doesn’t have a CEO or anyone in charge, which sounds like a very anarchist experiment. Are you anarchists?

Well, this is complicated. Speaking from my own perspective, I don’t support destruction of the state. We have an absolutely great medical system in Czech, everyone is insured, we have free universities where anyone can get an education … But I’ve also experienced a time when the state was controlling everyone. I was 12 when, in 1989, the system changed, and there was a whole decade when people thought they had the freedom and power to make anything they wanted. This decade shaped my mind.

I’m for sure a cryptoanarchist, however. Cryptoanarchy for me is more about developing tools which bring freedom in digital space. Like freedom of speech, or freedom of trade.

An Interview with Ztohoven Artist Martin Fischer
Image courtesy of Fischer

So that brings you to Bitcoin …

I did graphic design the past 20 years, mainly for skateboard brands. Somehow it’s easy for me to visualize key moments … I’ve seen skateboarding when it came to Czech after the revolution. It was complete punk; we just wanted to ride the streets; no one could imagine it could lead to money and fame. Today, skateboarding is very mainstream; kids know they can go [to the] Olympic[s].

I switched to crypto art because I felt it’s still underground, and I have the luck to see it evolving. Amazing things are happening, but it’s not yet mainstream. Like with skateboarding, at first I had no idea if my art could be sold, it was just pure pleasure from creating.

An Interview with Ztohoven Artist Martin Fischer
Image of Fischer by Bayaconstreetart

Is it your goal to help further Bitcoin adoption with your art?

I see my art in the background on a wall of a Bitcoin Maximalist room in a movie about [the] Bitcoin underground that will be made in 2040, similar to how you see a famous surf poster in the living room of one of the main characters in “Stranger Things.” My art is for those who already know, and absolutely not understandable for people from outside the crypto community … which I love.

So I don’t think it’s helping adoption, but it’s a souvenir from a time when no one knew where it [would] go exactly.

I suppose that’s especially true because all of your posters are made only in a limited amount.

Yes, it’s all limited, hand printed. There are between 20 to 40 copies of each, and the reprints are never the same colors, except for the Tim May cryptoanarchist manifesto poster, which can only be red and black. But it’s all numbered, and each poster has a blockchain certificate of authenticity.

What does that mean, exactly?

I think there should always be some kind of authenticity mark on serigraphy prints which show that you own original artwork from a numbered series. You can see different kinds of seals or printed certificates on the back of screen prints. I think Banksy is cutting banknotes in half; one half is stuck on the backside of [the serigraph] and the second is archived … And so I’m using digital certificates of authenticity written on the Bitcoin blockchain. Every print is signed and numbered, and then I’m shooting each print and uploading it to Verisart.com. When it’s confirmed on the blockchain, [I transfer] this certificate to a new owner.

What’s your creative process to make your art?

It always starts with a sketchbook; it should take me a few minutes to sketch the idea from head on paper. If it doesn’t come, I’d rather focus on some other task, but when I do visualize the idea and feel it’s right, I get some kind of creative fever and need to work on it until it’s ready for screen print. It can take a day or a week, and sometimes it’s a painful process until the visual satisfies me. Then in my printer, when the artwork is finished and printed on transparency paper, I do the whole screen print process, screening artwork on large frames, mixing pigment colors with acrylic base and screen printing itself.

An Interview with Ztohoven Artist Martin Fischer
Financial broadcaster Max Keiser with one of Fischer’s pieces. Image courtesy of the artist.

Do you know what kind of people buy your work? Are they mostly locals in Prague, Bitcoiners online or perhaps some other demographic?

Yes, I know my customers, it’s the people of Crypto Twitter; I love them. Mostly from the U.S. and Europe after that; [I’m] not selling in Czech at all.

I was initially very shy to post in English and first I watched Twitter for a year without any posts, but when I decided to focus on crypto art I realized I have content to show and it works …

When I decided to go [into] crypto art, the first thing I did was take a trip to Baltic Honeybadger, where I showed my art. Even though I hate it, it was so important to give a poster to Max Keiser and make a photo with him. That [was] the start, since [to] this moment I’m selling, so conferences are key.

You can see more of Fischer’s art on the Cypherpunk Now homepage and on Twitter @CypherpunkNow.

The post Screen Printing, Paralelní Polis and Cryptoanarchy With Martin Fischer appeared first on Bitcoin Magazine.

Source: https://bitcoinmagazine.com/articles/screen-printing-paralelni-polis-and-cryptoanarchy-with-martin-fischer?utm_source=rss&utm_medium=rss&utm_campaign=screen-printing-paralelni-polis-and-cryptoanarchy-with-martin-fischer

Blockchain

Failure To Break Above $11K Could Send Bitcoin To Monthly Lows: BTC Weekend Price Analysis

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Even though the past week was positive for Bitcoin, the recent price action could raise some question marks for the bulls.

After starting the week below $10,500, Bitcoin was able to break above the old tough resistance and reach back to the $11,000 area.

However, while BTC gained 5% over the past week, most of the leading cryptocurrencies lost market cap. LINK  at -18% and even Ethereum at -2% are only two examples. The trending DeFi tokens suffered even harder.

This tells us that some or at least part of BTC’s price gains were coming from the altcoins sell-off, and not from funds entering crypto – just like in a healthy bull market.

Double-Top On the 4-Hour?

Looking at the following 4-hour chart, we can see a double top formation around $11,100, which is textbook bearish.

Moreover, there is also a bearish divergence on the RSI. This happens when the asset’s price is increasing, while the RSI is decreasing.

Another issue to consider is the decreasing amount of volume over the past week, which shows that the buyers are losing their power.

Despite the above, and just as in crypto, the momentum might change very quickly. Keep in mind that Bitcoin is also waiting for the equity and gold markets on Monday as both had a significant effect on the price recently.

The level to watch is, of course, the recent high from yesterday around $11,100. In case Bitcoin breaks above it (further above lies the 50-days MA at around $11,250), the momentum could change quickly.

However, as long as Bitcoin continues having trouble at that area, the price can easily drop.

From below, the first level of support lies around $10,800; followed by $10,500 and $10,400 – where lies the 100-days moving average line (the white line).

Total Market Cap: $357 billion

Bitcoin Market Cap: $202 billion

BTC Dominance Index: 56.8%

*Data by CoinGecko

BTC/USD BitStamp 1-Day Chart

btc_sep20_d-min

BTC/USD BitStamp 4-Hour Chart

btc_sep20_4h-min

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.


Source: https://cryptopotato.com/failure-to-break-above-11k-could-send-bitcoin-to-monthly-lows-btc-weekend-price-analysis/

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Blockchain

Sunday Price Watch: Bitcoin Amid $11K, Uniswap’s Token Airdrop Value Reached $3500

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Bitcoin jumped to a fresh 2-week high above $11,150 but got rejected once again and is down below $11,000.

Meanwhile, the value of the 400 UNI tokens airdropped to anyone who used Uniswap before September 1st reached almost $3,500.

Bitcoin Paints A New 2-Week High

As reported by CryptoPotato yesterday, Bitcoin displayed issues when trying to overcome the psychological $11,000 level. In the past 24 hours, the primary cryptocurrency initiated another attempt, which seemed significantly more robust. In just a few candles, BTC surged from $10,900 to about $11,179 (on Binance).

Bitcoin maintained its level above the coveted $11,000 level for a few hours. However, the bears decided to interfere and drove the price down below to where it currently sits – $10,950.

Consequently, $11,000 remains the most critical resistance in BTC’s path to new 2020 highs. If it spikes above it again, Bitcoin would have to fight off the next obstacles at $11,200, $11,350, and $11,500.

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BTC trades above the first support at $10,900, which intercepted the recent price dip. A breakdown below that level could send Bitcoin to the next support levels at $10,500, $10,330, $10,140, and $10,000.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

Untypical Lack Of Volatility From Large-Cap Alts

In the past 24 hours, most larger-cap altcoins have been performing somewhat stable.

Ethereum, Ripple, Crypto.com Coin, and Litecoin are situated approximately at the same levels as yesterday. ETH trades at $380, XRP – $0,25, CRO – $0.165, LTC – $48.

However, Bitcoin Cash has overtaken Polkadot for the 5th spot as DOT tanked by 5%. On the other hand, BCH, similarly to Binance Coin, is down by just 1%.

cryptomarket_heatmap

Despite the price stability among the top 20 coins, severe volatility is evident among lower-cap alts. Hyperion leads the way with a 94% surge. HYN’s massive surge comes only a few days after the company announced launching a built-in exchange function in its wallet Titan.

Elsewhere, it’s interesting to note that the value of the 400 UNI tokens airdropped to everyone who used the Uniswap platform before September 1st reached a value of $3,500. This happened as the price for the token surged to around $8.7 on Binance before retracing to where it currently sits at around $5.6.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.


Source: https://cryptopotato.com/sunday-price-watch-bitcoin-amid-11k-uniswaps-token-airdrop-value-reached-3500/

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CREAM Finance Soars 130%: Burns 67% of Its Total Supply Today

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The decentralized crypto exchange protocol C.R.E.A.M. Finance announced its decision to conduct a significant token burn today, September 20th, after a strong internal discussion.

The official account of the protocol explained that following consideration of several possible reductions in supply, the alternative of burning 67% of all the $CREAM tokens was chosen as the best. This implies that more than 6 million $CREAM tokens will disappear forever once the burn is complete.

Goodbye, Governance Tokens

In an official blog post, the team at C.R.E.A.M. Finance explained that all governance tokens and 7.5% of the Seed Tokens would be destroyed.

This burn will include 100% of the “governance” tokens and 7.5% of the Seed tokens. We believe that this action will provide greater certainty to the current token holders while creating a stronger foundation for the long-term success of the project.

The tokens owned by liquidity providers and those destined to protocol development and Compound will not be affected by the measure.

cream_finance
Source: Medium C.R.E.A.M Finance

Thus, the liquidity providers will now control 61.5% of the total $CREAM supply while the team would have 23.1%. This force redistribution is possible thanks to the absolute removal of governance tokens, which accounted for 60% of the total supply until now.

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Thanks to our seed investors and their continued support and sacrifices for the project, they have agreed to a 75% burn in exchange for accelerated vesting of 1-year, monthly vesting. Specifically, seed tokens will now vest monthly starting September 24th.

The C.R.E.A.M team also had the opportunity to make the same decision as the seed investors. Still, they refused to go down that road, mostly for strategic reasons.

Less is More

A decline of this magnitude could have two implications: Either a substantial loss of market capitalization (in case of lack of fundamental value or confidence in the project) or the price of each token increases to match the current market cap with the new supply.

And in the case of C.R.E.A.M., the news seems to have yielded outstanding results, with the prices taking the optimistic route. The price of the token spiked almost immediately after the announcement before correcting today. It went from about $70 to $165, marking an increase of 134%.

cream_finance_chart
CREAM/USDT. Source: TradingView
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Source: https://cryptopotato.com/cream-finance-burns-67-of-its-total-supply-today/

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