“Time/bank” by e-flux (2009)

Artists,Reference — miles @ 1:39 pm

“Time/bank” is a currency created by the founders of the e-flux journal, Julieta Aranda and Anton Vidokle. Drawing influence from existing time banks, “Time/bank” proposes time as a unit of economic exchange, by way of “Hour Notes” (one is shown above). Interestingly, 2009 also saw the introduction of the Bitcoin, the open source cryptocurrency. Since Time/bank relies on fixed measures of time, it is both straightforward and stable, in opposition to today’s opaque and volatile cryptocurrencies.

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