{"id":105932,"date":"2025-10-19T16:23:16","date_gmt":"2025-10-19T16:23:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=105932"},"modified":"2025-10-19T16:23:16","modified_gmt":"2025-10-19T16:23:16","slug":"bitcoin-ogs-are-the-new-pharaohs-450m-statue-to-top-the-year-crypto-seized-us-politics","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=105932","title":{"rendered":"Bitcoin OGs Are The New Pharaohs: $450M Statue To Top The Year Crypto Seized US Politics?"},"content":{"rendered":"

A $450M plan to build a 450-foot statue of Prometheus on Alcatraz Island has been pitched by Ross Calvin, a Bitcoin mining entrepreneur, marking one of the most ambitious monument proposals in recent memory.<\/span><\/p>\n

According to <\/span>Bloomberg<\/span><\/a>, the concept formally titled The Great Colossus of Prometheus on Alcatraz would feature a towering nickel-bronze sculpture and a high-tech museum dedicated to innovation and entrepreneurship.<\/span><\/p>\n

The project\u2019s estimated height would surpass that of the Statue of Liberty, standing as a symbol of \u201chuman triumph\u201d and the spirit of self-sovereignty that crypto advocates often reference.<\/span><\/p>\n

Alcatraz, once a notorious federal prison and now part of the US National Park System, would require special federal authorization for any construction.\u00a0<\/span><\/p>\n

The island\u2019s protected status means the plan faces long odds and multiple layers of review before any groundwork could begin.<\/span><\/p>\n

DISCOVER:\u00a016+ New and Upcoming Binance Listings in 2025<\/a><\/strong><\/p>\n

Why Is a Bitcoin Miner Proposing a $450M Statue on Alcatraz?<\/h2>\n\n

Calvin, CEO of the Bitcoin mining firm <\/span>Parhelion<\/span><\/a> and founder of the nonprofit American Colossus Foundation, said the group intends to present a formal proposal with detailed renderings and engineering plans to federal officials by January.\u00a0<\/span><\/p>\n

Early drafts describe the structure as a \u201cbeacon of optimism,\u201d merging art, technology, and myth in a single monumental statement.<\/span><\/p>\n

The timing of the pitch is striking. It lands in a year when crypto wealth and political influence are becoming increasingly intertwined in the United States. From campaign donations to tech-backed policy pushes, blockchain money is emerging as a force in Washington.\u00a0<\/span><\/p>\n

Against that backdrop, a massive statue celebrating Prometheus, the mythic figure who brought fire to humanity, feels like both a cultural and political message.<\/span><\/p>\n

If built, the Prometheus statue would redefine San Francisco\u2019s skyline and potentially attract millions of visitors each year.\u00a0<\/span><\/p>\n

DISCOVER:\u00a015+ Upcoming Coinbase Listings to Watch in 2025<\/a><\/strong><\/p>\n

How Do Preservation Laws Impact Crypto\u2019s Grandest Monument Idea?<\/h2>\n

But for now, it remains an audacious proposal, one that captures the imagination of the crypto era, even as it faces the realities of regulation, preservation, and public opinion.<\/span><\/p>\n

Alcatraz is part of the Golden Gate National Recreation Area and attracts more than a million visitors each year under long-standing preservation plans.\u00a0<\/span><\/p>\n

Any attempt to build a large new structure there would face steep legal and regulatory barriers.\u00a0<\/span><\/p>\n

The National Park Service <\/span>oversees<\/span><\/a> the island, and any change would likely require state and regional approval as well.<\/span><\/p>\n

Preservation advocates have already spoken out this summer against proposals to alter Alcatraz\u2019s federal stewardship. They call it \u201cone of the most iconic and heavily visited\u201d parks in the country, generating about $60M a year in tourism revenue.<\/span><\/p>\n

Legal experts note<\/span><\/a> that changing the island\u2019s designation would trigger a lengthy public process and review across multiple agencies. That means any redevelopment effort would face years of scrutiny before a single brick could be laid.<\/span><\/p>\n

The pitch arrives as crypto\u2019s role in US politics keeps growing. Fairshake, the industry\u2019s main super PAC, <\/span>reported<\/span><\/a> raising $260M in the 2023\u201324 election cycle.\u00a0<\/span><\/p>\n

The fundraising has continued into 2025, as new committees and donors line up ahead of the 2026 midterms.<\/span><\/p>\n

Last month, the Winklevoss twins <\/span>added<\/span><\/a> to that momentum with a $21M contribution to a new PAC backing pro-crypto candidates.\u00a0<\/span><\/p>\n

Today, @cameron<\/a> and I donated $21 million in bitcoin (188.4547 BTC) to the Digital Freedom Fund PAC. The mission of the @FreedomFundPAC<\/a> is to help realize President Trump\u2019s vision of making America the crypto capital of the world. Since inauguration, @POTUS<\/a> and his Administration\u2026<\/p>\n

\u2014 Tyler Winklevoss (@tyler) August 20, 2025<\/a><\/p>\n\n

Advocacy groups have warned that such donations are part of a wider surge of political spending this fall, showing how digital asset policy has become a key Washington issue.<\/span><\/p>\n

Calvin\u2019s nonprofit presents the Prometheus project as a national symbol of ambition and progress, \u201ca beacon of optimism and human triumph.\u201d\u00a0<\/span><\/p>\n

Materials from Parhelion highlight Calvin\u2019s decade-long work in Bitcoin mining and his leadership of the foundation behind the proposal.<\/span><\/p>\n

DISCOVER:\u00a09+ Best Memecoin to Buy in 2025<\/a><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/p>\n

The post Bitcoin OGs Are The New Pharaohs: $450M Statue To Top The Year Crypto Seized US Politics?<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

A $450M plan to build a 450-foot statue of Prometheus on Alcatraz Island has been pitched by Ross Calvin, a Bitcoin mining entrepreneur, marking one of the most ambitious monument proposals in recent memory. According to Bloomberg, the concept formally titled The Great Colossus of Prometheus on Alcatraz would feature a towering nickel-bronze sculpture and […]<\/p>\n","protected":false},"author":0,"featured_media":105933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-105932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105932"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105932"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105932\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/105933"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}