Banksy's Shredded Art meme stems from the 2018 auction of 'Girl with Balloon' at Sotheby's in London. Just as the gavel dropped on a £1.04 million bid, a hidden shredder in the frame activated, partially destroying the work. Banksy later renamed the shredded piece 'Love is in the Bin,' and it became an overnight sensation for its anti-capitalist statement and sheer theatricality. On the internet, the template is used to represent something valuable, hopeful, or intact being systematically destroyed by a force out of one's control, such as taxes, poor decisions, or unexpected life events.