‘MoneyLab Updates 2021’, lecture by Geert Lovink at Hotel Maria Kapel (Hoorn)

Presentation on Wednesday morning September 29, 2021, the third day of the Post-Precarity Autumn Camp: How to Survive as an Artist? at Hotel Maria Kapel, Hoorn (NL).

As crypto fantasies overflow with the same old biases, we once again put the question of the definition of money on the table. What is the definition of money of the digital age and who has the power to define what money is? The state has lost its monopoly on this definition power in the neoliberal era of past 40, 50 years – since market and global finance moved in there, in the last 10 years we have seen this new field of crypto or alt fin money. And this has huge implications for artists of course, but what?

Defining the architecture of money and payments cannot be left to the libertarian male geeks that dream of autarchy. With feminist economics, MoneyLab imagines a crypto economy that values care work and focuses on equity and solidarity. Fueled by feminist theory and aimed at decolonizing the existing power structures in the economy we look at promising design strategies to counter the corporatization of digital money from hyper local crypto currencies and techno festivals to a so-called she-down, a feminist variation of the Decentralized Autonomous Organization, and self-organized exchange systems in refugee communities. The question remains: can technology be used critically to support alternative values of corporation and commoning in the world that is dominated by individualism and competition?