RE: “Is a bitcoin-propelled Renaissance of art something we can expect ?”

I can touch on this at the moment: in my view this is 99.99% dependent on the quality of the artists that are chosen by patrons to collect work from or to commission or to sponsor or to celebrate. Yes Bitcoin can be saved by these artists themselves and perhaps they can afford to pave their own way, but I really do think there is something absolutely essential about the artist-patron relationship, and the feedback loop between the artist and the audience that is supporting them financially or as fans or otherwise. I agree with Fran Lebowitz when she said, “The audience is as important to the culture as the artist.” There is a desperate need for connoisseurship of living artists, and that means that the audience really needs to know what they’re talking about when it comes to high quality art. It’s not a casual thing. They really need to understand what makes one song superior to another, or one painting superior to another, and then put their money where their mouth is. Without that, the money dissipates, and I believe that without connoisseurship you could throw billions of dollars at “the arts” and not have the renaissance that you expect it to be. The art has to have the ambition to be the greatest of all time in order to have a chance.