Self-similarity of Bernstein polynomials, embodied in their subdivision property is used for construction of an Iterative
(hyperbolic) Function System (IFS) whose attractor is the graph of a given algebraic polynomial of arbitrary degree. It is
shown that such IFS is of just-touching type, and that it is peculiar to algebraic polynomials. Such IFS is then applied to
faster evaluation of Bzier curves and to introduce interactive free-form modeling component into fractal sets.