Bitcoin, which is now worth more than $1,100, is increasingly being used as a payment option for artists and musicians.
Artists who can’t afford traditional artists fees often use Bitcoin as a form of alternative currency.
Bitcoin, which has skyrocketed in value in recent years, has become increasingly popular for online transactions.
But it’s also been used as payment methods for art.
A new startup called Bitcoin Art Commission aims to bridge the gap.
The company launched its platform last week and allows artists to create an artwork using Bitcoin using their existing art license.
“Our goal is to provide artists with the means to commission art using Bitcoin, a currency that’s a fraction of the cost of traditional artists licensing services,” Bitcoin Art Commissioner John Poulton said.
Art artists can now use Bitcoin in their work without having to pay the fees that artists currently pay.
They can then use Bitcoin to pay artists directly using the artists payment card or credit card they already have in their account.
The Bitcoin Art commission was founded in August by Poulson and a few other artists.
They want to bring Bitcoin to artists who need the most flexibility, he said.
“It’s a new kind of payment method.
It’s a way of transferring money from one party to another, instead of having to have a merchant who has an account on your credit card or PayPal,” Poulston said.
Bitcoin is currently trading at around $1.19.
It recently surpassed the $1K mark.