MoneyLab #6 took place in Siegen (Germany), 7-8 March 2019.
The spectacle of the cryptocurrency is over and has given way to the banality of the blockchain. Anxious to fall behind and worried about “disruption” and “not being digital enough” banks, lawyers, start-ups, governments, NGOs, are all too eager to adopt blockchain technologies. What is valued and what kind of views on finance and money are we dealing with here?
As long as blockchain is applied to capitalism’s central institutions, such as contracts, property and copyright, money, and the banking and insurance industry, it will not “disrupt” anything only continue to co-manage the shit pile. While the gradual development towards a coinless and paperless capitalism marketized as green and sustainable is in full swing, artists, activists and journalists see an infrastructure ripe for critical intervention and appropriation.