Renminbang

Silkscreen, painting, mixed media 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.

China’s economy faces currency devaluation drag. Beijing’s decision to let the renminbi fall below the symbolic level of 7 to the dollar was a political choice - but ut would not be in China’s economic interests to “weaponise” its currency, economists say. 

That why Mao got shot with a weapon multiple times in the painting.

How many lives a currency has?

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