Artist J.S.G. Boggs hand-draws depictions of U.S. banknotes and exchanges them for goods and services — he’ll trade a drawing of a $100 bill for $100 worth of goods. The drawings are one-sided, and the patrons understand that they’re not actual currency; they’re choosing to trade goods for artwork rather than for money.
Is this counterfeiting? Well, what is money? A $100 bill is valuable only because we all agree that it is — it’s an arbitrary social convention. If someone can create an alternative that people value equally, shouldn’t he be free to trade it in the same fashion, if all parties are informed?
“It’s all an act of faith,” Boggs says. “Nobody knows what a dollar is, what the word means, what holds the thing up, what it stands for. … That’s … what my work is about.”