Time/Bank

We exchange, accumulate, and consume cash on a daily basis. The monetary note is an elementary cornerstone of our social existence. But what about exchanging time instead of money? Barter economies have been in practice throughout history, but the idea of using time as a unit of exchange only appeared shortly after the Industrial Revolution. Time/Bank, an initiative by Anton Vidokle and Julieta Aranda, is a new approach to the creation of value and meaning. The initiative presents a unique take on the meaning of time, the theme of this year’s festival. Time/Bank will allow individuals to request, offer, and pay for services in "Hour Notes." At REWIRE 2012 you can pay the festival ticket with hour notes or have dinner at the Time/Bank Restaurant. On top of that, we will offer massages and other relaxing activities for the festival die-hards. Free for festival visitors, paid by REWIRE through hour notes accumulated by ticket sales. Curious? Come and experience it yourself.