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SOTHEBY’S has sold the first artwork using a cryptocurrency payment instrument. The auction center on Wednesday (12/5) explained that the painting “Love is in the Air” by Banksy sold for US$12.9 million.
The auction which lasted for 14 minutes involved four bidders. As quoted by Fox Nation, there is no further explanation which form of cryptocurrency is used.
According to a Twitter user poll conducted by Sotheby’s, more than 35% believe Banksy deductions will be paid for using ethereum, followed by bitcoin. The painting “Love is in the Air” shows a protester about to throw a wreath in hand.
Quoted from the New York Times said, this painting is a painting that is highly valued for a work of art that is done digitally. Most of these pay for digital goods using the ethereum cryptocurrency.
Meanwhile, many large companies started using Bitcoin and became a proponent of changing transactions using cryptocurrency. [antaranews/photo special]
