Money. Digitization. Crisis.

The snips of a hairdresser’s scissors turns into a book about intergalactic war; the word rain of a science fiction author turns into a flight with an airplane bound to Japan; the gentle swings of a pilot’s tiller turns into a shiny hairstyle… Currency – an agent medianting an alchemical process of transformation, which is abstract and symbolic in its core. Internet totally eliminates the need for materiality and the money turns into binary codes. The results of this are varied: globalized circulation of capital; accelerated consumption; algorithmic domination in stock markets; intensified dynamic of economic crises; finally – historically unique models of cryptocurrency. The onlooks on this are binary: on one side resides utopian celebrations, on the other – critique for the lack of security and control. This time we will investigate the conception of money and the effects of its digitization.

THE TALK
Mantautas Račkauskas is a vice-dean of VMU Economics and Management faculty who is researching and teaching about various money-related processes for years already. The center of his PhD dissertation was government expenditure impact on economy. In this event he will speak about various aspects of digital money from a deeply critical point of view.

MUSIC
Onegin – dub-techno, post-punk bei dark ambient garsai.

WHAT IS THAT?
“what is money” is a first event from a year long series of events titled “INdisTERNET” which is organized by KAH Culture infocenter as an attempt to publicly problematize the challenges posed by digitization and to research the cultural impact of internet through unconventional education-entertainment events. Online artworks will become symbolic points of departure and illustrations for various theoretical analyses. The events will combine contemporary art, post-internet awareness, informal atmosphere, music, discussions, pleasant tastes, online video previews, academic thought and dis.art.

EDUTAINMENT
“INdisTERNET” connects education with entertainment. It consist of two main parts: active and passive. Everything will begin with stimulating “lounge”, which will combine online art, packing workshop, contemporary art publishing, music, conversations and Caffeine coffee; what will further change into dis.art video preview, the talk given by Mantautas Račkauskas will encompass various aspects of digital money, which will be followed by associative YouTube video previews. Collage-like course of the event replicates a chaotic narrative of the internet and reflects on a shortened attention span of a contemporary spectator.

DIS.ART
dis.art is the world’s leading video art platform working in post-internet precepts. By being aware that internet person is not interested in big books and complex lectures it has the insight that he is still craving for the knowledge hidden within these texts. They completely transferred to video format in 2017, although previously DIS was active as an online magazine. Currently dis.art library holds around 50 short “edutainment” videos which are the basis of “INdisTERNET” events. These are contemporary art video works aesthetically correlating to the eclecticism and speed of internet, which are always educating and inviting to thing critically.

“In” – we are somewhere, totally submerged; “DIS” – display, dissolve, disintegrate, disseminate, dislocate; “net” – an all connecting substance in the shape of digital web. Together – “inDISternet” – a public attempt to critically dissolve and disintegrate the internet.

Come, it will be edutaining