Phillips courts bitcoin tycoons for Banksy painting at upcoming Hong Kong auction


Source: yahoo.com yahoo.com

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Auction house Phillips said that newly minted cryptocurrency millionaires may bid for an artwork by the England-based mystery British street artist Banksy estimated at US$2.8 million to US$4.1 million when it goes on auction in Hong Kong on Tuesday. While the bidding will be conducted in Hong Kong dollars, the winning buyer can also choose to pay using the cryptocurrencies bitcoin or ether for "Laugh Now Panel A", which features a forlorn monkey wearing a sandwich board with the slogan "Laugh now, but one day we'll be in charge". "Over the past few years many have made fortunes in cryptocurrency...