Watch your back, Alan Greenspan. The Bitcoin Rat is coming for you!
Artist and ex-hedge fund manager Nelson Saiers, who had placed a gigantic, inflatable, bitcoin-festooned white rat in Lower Manhattan across from the New York Federal Reserve, is moving the beast to Washington, D.C.
But not just anywhere in the nation’s capital. Saiers told CoinDesk the rat will be placed near Capitol Hill where Greenspan, the Federal Reserve chairman from 1987 to 2006, admitted to Congress in 2008 that, well, maybe he “made a mistake” about the conditions that led to the 2008 financial crisis.
That’s why the rat will be wearing a Halloween mask of Greenspan with a speech balloon coming out of its mouth that says “I made a mistake.”
“Given … we were in the midst of the biggest financial crisis in 70 years it was a bit late for the guy who led the Fed … to come to this realization,” Saiers said. “Hence, why I’m late to ‘trick or treat’ the Fed.” Read more here.