The cryptocurrency world has its detractors, with J.P. Morgan CEO Jamie Dimon and legendary investor Warren Buffett topping a long list.

But, sometimes it seems to be inviting ridicule. Eidoo, a company that bills itself as a cryptocurrency wallet and exchange, commissioned a 3-meter bronze sculpture showing a pregnant woman with a baby in her womb holding a smartphone.

Located in London, it’s meant to show what the future of cryptocurrencies could be. But, quite frankly, it’s ridiculous and undermines what companies are actually trying to do with cryptocurrencies.

Before I go on, I want to make clear that my feelings are ambivalent towards cryptocurrencies. Like any new technology, I don’t want to dismiss or overhype it; I want to see how it develops.

And while bitcoin, for example, has many well-publicized problems, many still believe it has a future as a global currency and store of value. As part of its sculpture stunt, Eidoo also released a “Pokemon Go”-style game that allows users to walk around collecting real cryptocurrency. Read more from…

thumbnail courtesy of