Three things.
1. Money is not real.
2. Markets are rigged.
3. Institutions are broken.
But.
I think things are beginning to change.
In a nutshell; revenge of the internet.
Decentralization is serving a body blow to the machine.
The people are gaining control, albeit inch by inch.
And the powers at be do not like it.
Before we get there… disclaimer.
I am not an expert.
As I learn, I convey.
(It helps me retain information.)
There’s a tiny gap between discovery and dissemination. What you see, is what you get.
Most outlets gather intel, make analyses, check with bosses, amend and curate, and then disperse to the masses via various channels riddled with pay walls.
I don’t have time for that.
(Or the resources. Or the bosses.)
So
No middlemen.
Just me and my unfiltered thoughts.
Not here to trick people, or to push agendas.
Only to spread Love.
But, to get there, we need to first arrive at Truth.
A friend of mine once told me that our collaboration toward finding what’s real is akin to walking about a dark room, shouting out the shapes of things we bump into.
A metaphor in some ways for social media.
A tool - albeit an imperfect one - which we can use to help discover what is real.
Only, it’s been hijacked for some time now..
Pun intended.
(Hi @jack.)
Point is, I cannot decipher this macroeconomic mystery alone.
But that’s the beauty of it.
In a day where specialization has become the norm, no longer do we rely on ourselves, or even each other. Not really.
Everything has been compressed into elite domains of expertise.
Forget human intelligence.
“The measure of intelligence is the ability to change.”
Albert Einstein
Artificial ones have now become all the rage.
Before we begin this market breakdown — we need to first understand what money is.
Because I fear we have been lied to, and tested on. Like lab rats.
(It’s no wonder they call it a rat race.)
We are not the consumers; we are the products.
Many of us, have been programmed without our knowledge or consent.
But you already knew that.
From what I can gather, we’re stuck in an old paradigm, rooted in competition and fear. Life tends to proceed in cycles of growth and decay, our egos are largely to blame.
As the saying goes…
And right now…
We are on the verge of a cycle shift.
The underbelly of our collective unconsciousness is beginning to rear its head.
Unlike social engineers who intellectualize utopia via incomplete models, I believe…
Markets are inherently biological.
So, despite our overlords best attempts, the dub is truly inevitable.
The people will win.
“Markets behave much more like biological ecosystems, rather than physical devices”.
Andrew W Lo. MIT
As it turns out, people best organize in systems that allow for the free flow of information, capital, and resources; unconstrained to decisions made by a group of board members in Silicon Valley.
Or a bankers in NYC.
The key idea here, is that of a true free market, one where the people organize themselves. No need for central agencies, or fiscal babysitters.
In this system, authorities are relegated to side judges, and sovereign human beings get to decide how and where their money goes.
The projects which help facilitate this reality will grow, the ones which oppose it will become obsolete.
This is why cryptocurrencies are inevitable.
Because really, capitalism is simply democracy, with dollars.
Every dime is a vote.
What we spend on, is what we value.
A form of collaboration; and a process of value discovery. By bidding on various items and goods, we get closer to what is real. Ideally.
But what happens when the people are not privy to real information, real capital, or real resources?
Worse, what if these people are actively fed misinformation?
Fake news didn’t start with Donny, he simply brought it to the forefront of American consciousness. Now most recognize it as phenomenon that is not only dangerous to our democracy, but deadly as well.
The goal of being human, is to be human.
To love, in earnest. To be different, together.
Though, these echo chambers are leading us away from one another.
Not only that, but our platforms feed us with insecurity, fill us up with distrust, and often times leave us hopelessly alone.
When we don’t agree on what is real, we splinter off into factions that effectively keep us locked in intellectual limbo. Because, it’s politically expedient (for now.)
But truth still exists.
This is why stocks like GameStop are all the rage, and why overleveraged markets are teetering toward either 0, or infinity.
Everybody now knows that, the jig is up.
There’s a glitch in the system.
Retail investors were finally able to cut through the noise of financialization and sense a glimmer of what was real. A peak into how a dollar is made, and a truth which threatens to undermine everything we think we know.
All it took were a few nodes in the human network to converge on a website called Reddit, to spell out and execute a plan which would burn a few hedge funds.
Genius, really.
I’m sure you’ve already heard the story.
But forget what you may have heard about short squeezes and asset managers.
All of that is good to understand, true. But at the core of this phenomena lies a single idea…
Money is not real.
It’s all a game.
The entire money supply today has become little more than glorified monopoly notes.
Currency only has value, because WE say it does.
The network determines the cost.
So, Keith Gill, or RoaringKitty (Or Reddit username; DeepF*ckingValue) quickly became a synonymous with the everyman.
A blue-collar working class citizen able to get one over on Wall Street.
But — he could also be a market boogieman — manipulating public sentiment to create perceived value out of thin air, potentially leaving others to hold the bag while doing so.
Fact is, he succeeded in manipulating a stock price to levels unheard of, and left many less savvy investors vulnerable to greater market forces in the interim.
A single node, spurred on by an idea and $50,000; was able to circumvent reality and effectively, print money from his computer.
Keith Gill is currently being investigated by the SEC, for whatever that’s worth.
He also has a background in financials, so this is not a rookie trading for fun on Robinhood.
What did he know that we didn’t?
From below $20, to nearly $400.
Within a matter of days.
And now, we find ourselves in a precarious position.
A majority of those who bought in on good faith that they could have a fair fight against wall street… are currently locked out, some down 90%+.
Holding the bag of market exuberance.
Are they to blame?
Is Keith to blame?
Are hedge funds to blame?
What about the SEC? Or big banks? Or Robinhood?
Who is to blame, when the market makers also make the rules?
When people begin to realize that this game has been rigged for the 1%, incentives to play along fall drastically. That is, unless the jig is truly up.
(AnCaps will love this one.)
Because if everybody can manipulate markets, then… well.
That would constitute a truly free market.
Nodes in a network, operating in unison.
But this dance is not choreographed, it emerges organically.
What folks everywhere are waking up to, is the fact we have been willingly trading our valuable time for paper notes of decreasing value, while a separate class of elite bankers have effectively gamified the entire economy.
All so they can purchase their 3rd yacht.
A lot of brain power in the United States is dedicated to making money, make money.
Not to creating value, or to building things.
But exclusively to the furthering of American greed.
It’s all a game to these people.
And at this point, us lowly serfs are only playing along with the controller unplugged.
The gold standard was abandoned in 1971, and since then, it has been the wild west of fiduciary responsibility. The only losers are the ones who don’t know it yet.
Indentured servants.
Slaves, really.
Though, only because America has a monopoly.
On money.
Enter Satoshi Nakamoto…
(Creator of Bitcoin.)


