First Last Random Previous Share on Facebook Share on Twitter Reddit StumbleUpon Making Money Still tweaking parts of the website since the accidental apocalypse I triggered with a Comicpress update.Special thanks to Li and Jordan from Extra Ordinary comics for helping me fix the ‘blurry comic’ issue the site had!Also, I found out why some people were getting a dodgy looking popup while browsing on mobile devices, and I fixed that too (for reals this time).Let me know if you encounter it again!Also also, everyone should watch the new Cosmos show.Some people suggested I put up a Bitcoin donation thingy, so I’ve finally made a Bitcoin wallet now..!First Last Random Previous Share on Facebook Share on Twitter Reddit StumbleUpon What To Do There’s new stuff in the clothing store!Get free shipping with 2 or more items (or heavily discounted shipping for international)!Use the coupon code: FREE2LOVE (I’ll make a proper post about this later) Next Dream Supporters Matthew Inman Gustav Seymore Keegan Gibson Manfred Schreiber Want to become a dream supporter?

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LampsFunny CuteHilariousFunny ComicsAwesome StuffFunny VideosFunny ImagesFunny ThingsFunny StuffForwardThis is just like that time we didn't do anything about global warming.ethereum deadSomewhere Andy Warhol is smiling a crooked smile.Cameron and Tyler Winklevoss, the Internet entrepreneurs perhaps best known for their associations with Facebook and Bitcoin, are the latest techies to leap into the art world.rich bitcoin walletThis week, the twins’ Winklevoss Capital announced an investment round in Paddle8, a New York-based art auction house known for their high-profile charity events including a recent Faberge Egg auction.bitcoin to the moon guyPaddle8 has flirted publicly with the use of Bitcoins for art transactions in the past and is one of the more tech-savvy of the online auction houses looking for a piece of the international market.bitcoin collapse japan

Winklevoss Capital declined to discuss the specifics of the investment but said it was their first in the art or auction arenas.Cameron and Tyler WinklevossImage: Flickr user TechCrunch, Max MorseBecause of more restrictive U.S.visa requirements in the wake of 9/11 and a growing appetite for Western art in emerging markets in Asia, Africa, and elsewhere, online fine art auctions have turned into a bit of a boom industry.Just last week, eBay and Sotheby’s announced plans to launch online auctions for fine arts and antiques, joining competitors like Auctionata, Artnet, and others.Although the tech industry’s moneyed class has traditionally avoided the art world in favor of showing off wealth through investment in seed projects, conspicuously exotic vacations, and real-life games of SimCity, there’s a massive appetite for fine art among the rising global rich in China, Russia, the Middle East, and other markets.Companies like Paddle8 can make healthy sums of money serving hungry art buyers who can’t or won’t travel to New York, London, Paris, or Tokyo.The Winklevoss twins are joining a very well-connected class of investors in Paddle8.

The company’s other backers include Damien Hirst, the Mellon family, and Alexander von Furstenberg.Princess Eugenie of York works for the company as well.Paddle8 CEO Aditya Julka tells Fast Company that the initial connection between the Winklevosses and his auction house was made through their mutual interest in Bitcoins.After being introduced by an existing investor, Julka said, “we talked about how there has been so much conversation about art as an asset class, and while some people think of Bitcoin as a currency other think of it as an asset class.There’s a lot of commonality about how Bitcoin is thought of, and as we spoke with them it became clear they could be very helpful both in terms of global expansion and company building.”By email, Tyler Winklevoss wrote to Fast Company that “The art market is global and like many global markets it currently feels the pain, inefficiencies, and high-costs of our current payment systems.Bitcoin rethinks the way we transfer value.It is borderless, frictionless, and instant and should be able to bring these qualities to art transactions just like any other transaction.” Or, as Julka puts it, “Bitcoin lets us collect payments in many countries without dealing with many of the hassles.” While the use of Bitcoin as payment in auctions isn’t currently feasible due to both the currency’s wild fluctuations and very real regulatory issues, the Winklevoss twins are in a very beneficial place to help solve those issues thanks to their prominent role in the Bitcoin community.