Burn Your Money is a mass performance art project using the Runes protocol on Bitcoin.Participants mint batches of 1,000,000 runes token on Luminex.

 

Each participant is encouraged to burn their own native fiat currency and post to social media. The value of the tokens should increase as more people become aware of the meme.

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Burning an uncut sheet of 1981 bills (Reaganomics)

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Goals:

1) To make people ask questions about their money

2) To have at least one participant from each country in the world burn their native currency.

3) For all participants to gamble and win (by burning their fiat and gaining something far more valuable in return).

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The Runes protocol was developed by Casey Rodamor with the intention of creating a meme coin casino on Bitcoin.  After all, inflation forces us to gamble.
 

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Questions about Burn Your Money

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How much does it cost to mint?

The cost to mint a rune depends upon the fees on the Bitcoin network. It will be cheaper to mint when fees are lower.

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What are the tokenomics of the project?

There are 100 billion tokens available for for purchase in batches of 1,000,000. 1% of the tokens are reserved to produce related art projects, including burning money.

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Is it illegal to burn currency? 

It is legal to burn US currency when it is done so as a form of artistic expression or free speech in general. There are criminal statutes that explicitly criminalize to alter or destruct currency when it is done for economic gain, such as melting pennies etc.

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It certainly may be illegal to burn currency in other countries. 

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Below are some examples of my artwork using burning currency.

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