There's A Giant Bitcoin Rat on Wall Street And It's Staring Down the Fed

There's a towering inflatable rat on Wall Street and it's found a temporary home in front of a branch of the world's most powerful bank.

Claws out, fangs fierce, the art piece installed Tuesday is an homage to the giant rats inflated by union protesters as a way to point a finger at companies for mistreating employees.

"Bitcoin will take you apart," the rat seems to argue from its perch in front of the Federal Reserve Bank of New York's iconic stone exterior.

As if a giant rat staring angrily at the Federal Reserve didn't make this point already, Saiers specifically chose to set loose his creation on Maiden Lane, named after the entity that bailed out the giant companies AIG and Bear Stearns during the 2008 financial crisis.

Remember the time Warren Buffet called bitcoin "Rat poison squared?".

"Warren Buffett called bitcoin 'rat poison squared' but if the Fed's a rat, then maybe rat poison is a good thing."

The rat is art, after all, so it's really up to the viewer's interpretation.

For one, he thinks the rat gets the bitcoin philosophy across in an easy to understand way.

In his mind, it's unclear whether bitcoin or the Federal Reserve is the rat.

Like Satoshi, the famous street artist Banksy is pseudonymous, and he speaks about rats very fondly.