BTC Pioneers: Modern-Day Pharaohs with a $450M Sculpture to Cap Off Crypto’s Influence in US Politics This Year?
A $450 million initiative has been proposed by Ross Calvin, a BTC crypto mining entrepreneur, to construct a 450-foot statue of Prometheus on Alcatraz Island, representing one of the most ambitious monument ideas in recent times.
As reported by Bloomberg, the proposal, formally named The Great Colossus of Prometheus on Alcatraz, would include a towering nickel-bronze statue and a state-of-the-art museum dedicated to innovation and entrepreneurship.
The anticipated height of the project would exceed that of the Statue of Liberty, serving as a representation of “human achievement” and the concept of self-governance frequently spoken of by crypto proponents.
Alcatraz, formerly a notorious federal penitentiary and now a part of the US National Park System, would necessitate special federal permissions for any construction.
The island’s protected designation implies that the proposal encounters significant obstacles and numerous layers of assessment before any actual work could commence.
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Why Is a BTC Miner Proposing a $450M Statue on Alcatraz?
Calvin, the CEO of BTC block rewards company Parhelion and founder of the nonprofit American Colossus Foundation, stated that the organization plans to submit a formal proposal including detailed designs and engineering drawings to federal authorities by January.
Initial drafts characterize the monument as a “beacon of hope,” combining art, technology, and mythology into a singular monumental declaration.
The timing of this proposal is notable. It emerges in a year when crypto wealth and political sway are becoming increasingly interlinked in the United States. From campaign contributions to technology-driven policy initiatives, distributed database finances are becoming a powerful influence in Washington.
In this context, a grand statue honoring Prometheus, the legendary figure who gifted fire to mankind, resonates as both a cultural and political statement.
If realized, the Prometheus statue would alter San Francisco’s skyline and could draw millions of visitors annually.
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How Do Preservation Laws Impact Crypto’s Grandest Monument Idea
At present, however, it stands as an audacious vision, one that encapsulates the dreams of the crypto epoch, even as it confronts the challenges of crypto law, preservation, and public sentiment.
Alcatraz is part of the Golden Gate National Recreation Area, attracting over a million visitors yearly under existing preservation measures.
Any effort to erect a substantial new structure there would face considerable legal and regulatory challenges.
The National Park Service oversees the island, and any modifications would likely necessitate approvals from state and regional bodies as well.
Preservation advocates have already expressed their opposition this summer to suggestions that would modify Alcatraz’s federal management. They assert that it is “one of the most iconic and heavily frequented” parks in the nation, generating approximately $60 million annually in tourism revenue.
Legal analysts suggest that altering the island’s designation would initiate a protracted public process and review across various agencies. Consequently, any redevelopment attempts would endure years of examination before construction could begin.
The proposal comes at a time when crypto’s influence in US politics continues to rise. Fairshake, the industry’s primary super PAC, has reported raising $260 million during the 2023–24 election cycle.
The fundraising efforts have progressed into 2025, with new committees and contributors preparing for the 2026 midterms.
Last month, the Winklevoss twins expanded this momentum with a $21 million donation to a new PAC supporting pro-crypto candidates.
Today, @cameron and I donated $21 million in Bitcoin (188.4547 BTC) to the Digital Freedom Fund PAC. The mission of the @FreedomFundPAC is to help realize President Trump’s vision of making America the crypto capital of the world. Since inauguration, @POTUS and his Administration…
— Tyler Winklevoss (@tyler) August 20, 2025
Advocacy groups have cautioned that these contributions are part of a broader increase in political expenditure this fall, highlighting how digital asset legislation has become a pivotal issue in Washington.
Calvin’s nonprofit frames the Prometheus project as a national emblem of aspiration and advancement, “a beacon of hope and human achievement.”
Documents from Parhelion showcase Calvin’s decade of involvement in BTC mining and his leadership role in the foundation behind the proposal.
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The post Bitcoin OGs Are The New Pharaohs: $450M Statue To Top The Year Crypto Seized US Politics? appeared first on 99Bitcoins.
