Reversal

Reversal seeks to establish a relationship between different fiscal agents as a LARPG (llive action role-playing game), and also with a stress test. It is a work of postal-financial art where there is an enigma opportunity that triangulates bank employees, public servers linked to the 27 State Secretariats of Finance of Brazil, and employees of the National Treasury, in Brasília. The purpose of the action was to make an anonymous return of a fraction of the cryptocurrency Ethereum that, in the near future, can pay off national debts, as a benevolent credit attitude. 

Conceived as commissioned work for the exhibition DURA LEX SED LEX, part of the I Biennial of Unasul, Reversal begins with the creation of an Ethereum wallet using part of the budget allocated for the work (0.35 ETH). The wallet was sent as a puzzle on a usb stick to the National Treasury in Brasilia. A file containing the private key that gives access to the wallet was protected by the following passphrase:

“Hoy, sin embargo, el capitalismo es un parásito del futuro, un vampiro que sobrevive de la tecnología y de los recursos de la libertad”

a free translation of the phrase “Today, however, capitalism is a parasite of the future, a vampire that surviver on the technology and resources of freedom”, extracted from Murray Bookchin’s book Post-Scarcity Anarchism. The 27-word passphrase was sent in fractional form, like an enigma, to the offices of the 27 state departments of finance, also with an anonymous letter speculating about the future.

In the exhibition, traces of the action were shown in a horizontal display,
in addition to the passphrase printed on a vinyl cut-out on the wall.
354 days after the wallet was created, the funds were withdrawn to an exchange.

Material sent in the postal action.

Letter to National Treasury
laser print
29×21,7 cm
unique

TxID
c-print
20×15 cm
unique

Passphrase
c-print
30×40 cm
unique

References to the science-fiction movie World on a Wire (1973,  Rainer Werner Fassbinder)

Lause #1, #2 e #3
c-prints
15×20 cm (each)
unique

Cover and Pages 58/59
c-prints
20×15 cm and 20×30 cm
unique

Federal Tax Liability Payment Forms (Goodbye, Brasília) #1, #2, #3, #4 and #5
laser prints
24×21 cm (each)
unique

BTCUSD, ICEEUR (Forecast 2027)
c-print
30×40 cm
unique

XP
UV print
40×30 cm
unique