30 May '15, 2am

This is Bitcoin explained in a new way:

For most of us, bitcoin doesn’t make much sense. The cryptocurrency has been trusted for almost 200,000 transactions totaling more than $45 million dollars , but it still feels unfamiliar. It’s digital; it’s global; it breezes through national and legal barriers. We literally can’t grasp it. This week at IDEAS CITY, Foamspace is trying to explain bitcoin in a new way . The interactive installation puts cryptocurrency in the context of the city, making both a bit easier to understand. IDEAS CITY is part conference and part art fair. It was founded by the New Museum in 2011 and made a mission of bringing art, education, and civic action to public places. The theme of this year’s IDEAS CITY is Invisible City, and explores “transparency and surveillance, citizenship and representation, expression and suppression, participation and dissent, and the enduring quest for visibility...

Full article: http://www.forbes.com/sites/katherynthayer/2015/05/29/sti...

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