"In his mind, the building was on fire - flames pouring from the windows, black smoke rising over the palm trees, the Chase logo still legible through the heat."
"Art critics have drawn the obvious line to Ed Ruscha's Los Angeles County Museum on Fire (1965-68), the painting that put a cultural institution up in flames and hung it back on the museum's own wall."
"Schaefer swapped the museum for the bank, the oil-crisis era for the bailout era, and took the painting out of the studio and onto the sidewalk in front of the building itself."
""Some might say the banks are the terrorists," he told them. In July 2012 he was arrested outside a downtown Chase branch for chalking the word 'Crooks' next to the logo."
Alex Schaefer's painting of a burning Chase Bank in 2011 symbolizes dissent against financial institutions post-bailout. His work, part of Relics of a Revolution, connects street art to Bitcoin's origins. Schaefer's approach mirrors Ed Ruscha's historical works, emphasizing the transformation of art from studio to public space. His actions led to police questioning and an arrest for vandalism, highlighting tensions between artistic expression and societal norms regarding banks and their role in the economy.
Read at Bitcoin Magazine
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