Artist and longtime Bitcoin enthusiast, Steven Michaels, has come up with a unique way to acquire and exchange bitcoins. Typically the average bitcoin buyer has to go through the hassle of setting up an account with an exchange – often a lengthy and cumbersome process that involves trade limits and the loss of personal privacy.
As an alternative, Steven has created Art Of The Coin an online art gallery and trading forum where people can buy and sell his original art for cash or bitcoins. As a bitcoin seller, you can buy his art with bitcoins and then re-sell it to a private collector in the Forum for cash. As a bitcoin buyer you can buy art with cash and sell it to a private collector in the Forum in exchange for bitcoins.
His in-house Owner Registry records ownership transfers and helps fight fraud from forgeries.
When asked about his project Steven replied, “I wanted to introduce bitcoiners to my art and, at the same time, provide an alternative way to get in and out of bitcoins. ArtOfTheCoin.com makes it fun.”