It's one hundred trillion dollars
Silkscreen, collage Yambiko Hosho paper 70g mounted on canvas
100 x 200 cm
2022
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust” - Satoshi Nakamoto, bitcoin inventor.
Currency wars is an art project that has the aim of explaining to everyday people what inflation is, by reinterpretation national currency banknotes. It is important to understand where the old system (the fiat standard system) is failing, in order to embrace the solution that the new decentralize digital money (bitcoin) is offering to the world. The more governments print money, the less your savings will worth.
Hyperinflation in Zimbabwe was a period of currency instability that began in the late 1990s.
The “One hundred trillion dollars” bill is the note with the most zeroes (it has 14 zeros!) of any legal tender in all recorded history. At one stage this note would not even cover a bus ticket, not a candy bar, nor a coffee.
The Zimbabwean dollar was effectively abandoned as an official currency on 12 April 2009.
While worthless at the time these 100 trillion dollar notes subsequently became popular with collectors.
FOR SALE - Price request