Decentralized European Bank of Trust

Work time and leisure time have undefined borders.
Work and leisure can no longer be separated.
In the non-paid time, we accumulate a great deal of knowledge,
which is not paid for, but is used in the context of paid work.

New generations of Europeans live in this uncertain working life and teach
that the complexity is not an exception but a human condition,
and as such not to be feared but
and given back to the world.

If our connotation is uncertainty it becomes fundamental not to turn it into an alibi but to use it as a tool for knowledge.
Alienation as a permanent experience of the real.

The digital world provides a parallel space where cultural production is backed up by Skype calls, real-time collaborative sharing , emails and links.
The language which defines our condition is to be found in the digital devices we use to communicate.

We link our minds in an emphatic network of exchange of information.

The progress of the technologies we use are presented as apolitical in their declarations,
however this makes us an undefined space where professional, public and private life coincides.

The resident of the future cities is constructed as someone without agency, a passive consumer of services,
a generator of data which can later be aggregated and acted upon.
We generate the content and knowledge which we willingly contribute to centralized networks.
We are harvested and valued in a continuum of work, but the profit is not shared in return.

On the other hand decentralized systems are spreading and defining diffused infrastructure, where connections become the reciprocal mean of control, and exchange of value.
The vast domain of formally fixed arrangements for the management and control of fulfillment through an occupation have now vanished.

Education, apprenticeships and permanent jobs are now governed by recognition.

Young European citizens constitute a transnational stateless state of people moving and investing their resources.

We are directed by an ideal of self-realization and stability which no longer finds representation in classical institutions.

The Decentralized European Bank of Trust constitutes the places, gestures and roles of our labor that are being restructured.
We decide our employer through the way we take part in the network.

Systems of digital authentication facilitate the circulation and exchange of value without the presence of any intermediaries.
The network is structured by members interactions.

Our citizenship is backed by our IP
As in the Block-chain, the value of the bank is defined by the transactions which happen within the network.

The generated profit is then mined by everyone through ordinary tasks.
Work doesn’t anymore provide just a product or service, but produces knowledge which activates productive exchanges.
We produce work as a means of communication.

Through exchanging skills we acquire experience and recognition.
The trust we gain is based on barters.
We create a currency through our connection with others.

By sharing our resources, we are not wasting them but transforming their value into common, intangible goods.
As long as others identify with our work, we define a community.
Like a matrix of pixels, we become one.

Capital is an accumulation of work destined to future investments.
This is what we are: immaterial workers.
We are human capital; constituted by resources, skills, ingenuity and heritage.

As part of an informal parallel system, we create culture and meaning.
All bet risks are upon our shoulders, but we are the ones who are feeding the engine.

We are the investment of our parents and friends.
We are our own investment and what is backing our currency.

Your stakes represent your quest for fulfillment, they are the currency backed by the trust in your work.
This is your capital to be exchanged.

Don’t send us money, send us skills.

Join the DEBT, you’re already part of it


Zeno Franchini, Lodovica Guarnieri, Penny Webb in collaboration with Gabriele Mariotti
Voice Julia Van Zanten

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Xenophobe Trading Cards

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Even though President Trump’s battle against Congressional oversight is front and center, the administration is staffing up its xenophobe wing with even nastier hardliners. If we thought Trump’s immigration policy was bad, judging by the new blood, we may be in for something worse.

Ken Cuccinelli is being brought in to wrangle Trump’s immigration agenda. He’s a Tea Partier-turned-Trumpist right-winger who advocates dumping birthright citizenship— not to mention covering naughty boobies, putting a stop to sodomy and spouting gubmint conspiracies.

And let’s not forget the now-head of the Department of Homeland Security, Kevin McAleenan, was one of the chief architects of family separation. Stephen Miller is definitely running the xenophobe agenda now. Sigh. If only we could focus on Ben Carson’s Oreo gaffe instead. Enjoy the cartoon, and get goodies while you support my work over on Patreon!

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How do crypto currencies work? – Erik Engheim

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You have probably heard about the now infamous digital currency Bitcoin. Involved in crime and major heists of millions of dollars. Are these currencies just a ponzi scheme? Is it as unsafe to use as it seems in the media? This talk will look at how two very different kinds of crypto currencies and payment systems work: Bitcoin and Ripple.

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