Pall Thayer is an artist.
As I'm sure many of you have, I've been aware of Bitcoin for a few years now. Rob Myers did a very interesting series of pieces not too long ago based on live feeds of bitcoin transactions (http://robmyers.org/blockchain-aesthetics/). I've been experimenting with these same sources (http://pallthayer.dyndns.org/harmoney/) and have come to consider the nature of web-based art when it comes to monetary value. This has always been a tricky subject. Perhaps bitcoin is the answer. The open nature of bitcoin would make it possible to require bitcoin transactions to 'engage' with web-based art... perhaps even requiring a donation to enact the work. Just a thought.