Ricardo Miranda Zúñiga

Structural Patterns

Reflections on Art, Technology and Society

Archive for the ‘bitcoin’ tag

Chasing Bits a Web Platformer Game

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“Chasing Bits” a Web Platformer that Considers the Pitfalls of Alt Coins

“No Media” is an online exhibition featuring art work entirely made from code. This means no media files – no jpg or gif or png or mp3 or wav or mp4 or webm or any type of self-contained file type. When I was invited to participate in this exhibition, it was a tricky proposition for me as I’m primarily a visual artist who uses software and generally when I code it’s in an environment such as Visual Studio with Unity. My web projects tend to include SVGs created in Illustrator or video or audio files… But I greatly appreciated the invitation and the challenge to work differently. However, I’m not a good coder, generally, I hack things together or review endless tutorials. In grad school at Carnegie Mellon University, I was allowed to enroll in the Computer Science intro to programming undergraduate course. This is a course designed to weed out those who will not go on to become programmers; I lasted three weeks.

I regularly use javascript, the language of the web, I wanted to make something that would be fun for people to interact with and I had been researching digital currencies for the last couple of years for another project. Since I was 11 years old, I’ve loved platformers due to my initiation as Activision’s Pitfall Harry in 1982. So I decided to take Marijn Haverbeke‘s entirely code-based javascript platformer game covered in his book Eloquent Javascript and inject it with a bit of Bitcoin and alt coin content. I feel that the platformer presents the ideal game metaphor for the dreams and pitfalls of alt coins. The game titled Chasing Bits has audio, but it’s the browser’s speech synthesis that reads a hidden text (no media). And there are emojis that may appear to be image files, but are also bits of code. (It’s probably time to add the death emoji.). There is one live data feed – the current value of Bitcoin which you may update throughout the game.

Since web audio generally requires a user event, players must click a button to trigger the browsers reading of the following passage:

What happens when a utopian idea for a decentralized currency gains adoption in the midst of hypercapitalism? Speculative investors looking to get rich quick, loose. The early bird gets the worm, the rest just dig for fools gold. Or perhaps the current value of bitcoin will triple and you head straight to the Cayman Islands to sip on rum and coke as you lazily sway in a hammock between shade and sunlight.

Unfortunately it is 2022, the U.S. government slowed the printing of free money, inflation has risen, uncertainty has set in and the happy go lucky period of Bitcoin and alt coins has taken a pause. Sit tight, wait 10 years and just maybe those Ethereum coins will be worth eighty thousand each! Or perhaps, the Financial Action Task Force may just clamp down and regulate Bitcoin and digital currencies due to money laundering and other criminal use of digital currencies. No one knows what lays ahead. So meanwhile, why not chase those bits…

I can not afford real property, so I buy land in the metaverse. I like going there in the evenings when I sit alone and wonder when others will join. Perhaps I will rent out some space and make more bits. However, I don’t like it when the earth quakes.

As soon as Bitcoin peaks again, I will buy a pig to store clones of all my primary organs, this way I will double my life span and live to a 180 and by then I will own a country in the meta verse and deliver my own currency. My anti gravity suit will keep me looking young. Meanwhile I will continue chasing bits.

Try the Chasing Bits, listen to that audio, check the current value of Bitcoin, I hope you are mildly entertained!

The Golden Age of FinTech

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FinTech for the Precariat (working title) is a net art work that speculates on the false promises of income distribution in the Age of Bezos. COVID-19 has compounded existential insecurity; the pandemic of stress has been inseminated by the novel flu virus to birth a new reality – a chasm of uncertainty. As unemployment soars, speculative futures drive a stock market that has largely rebounded from the initial shock, but on what basis? The basis that this moment will soon pass and the age of plutocrats, technocrats and authoritarianism will continue thriving a year from now; the slight disruption soon forgotten. The agenda of economic growth must be embraced at the cost of human health. After all, those who enjoy the economic growth will remain safely at home in their condo or rural cabin or yacht.

It has been projected that the 2020s will be the decade of the FinTech Revolution. This marketing hyperbole is on the heels of many such revolutions – the Green Revolution, the Personal Computing Revolution, the dot.com, web2.0 and Social Network Revolution… These revolutions are sold on the promises of democratization and wealth. And they always leave a toll from cancer and the privatization of agriculture to unparalleled surveillance. Today financial technologies present the promise of democratizing complicated transactions, facilitating personal banking, mass speculation in stocks… Whether budgeting or gambling, these tools are relatively harmless. However, entirely new finance mechanisms or rather schemes are being developed as part of FinTech including autonomous finance, bitcoin and ultimately the financialization of human existence. A sector of FinTech will compound income inequality nationally and globally to insurmountable levels. As made abundantly clear by world leaders, finance no longer serves humanity, humanity serves finance.