Crystal Ball
Appearances
Part Of The Problem
The Left vs. Reality
As we discussed earlier this week, Argentina's president just hyped a massive crypto shitcoin pump and dump, which effectively robbed his own biggest supporters. The whole thing was ultimately quite similar to the scheme Trump also pulled, and lo and behold, some of the same people were involved in this Argentina Libra rug pull as were involved in the Melania rug pull.
Part Of The Problem
The Left vs. Reality
YouTube scam investigator CoffeeZilla managed to score an interview with one of these fraudsters, and there was a particular part that helped me put together something I've been trying to articulate since the beginning of Trump 2.0, whether with regard to Doge, Maha, or the new return to outright colonialism and imperialism.
Part Of The Problem
The Left vs. Reality
The moment came towards the end of the interview after this scammer, his name is Hayden Davis, admits that all crypto is, quote, dog shit.
Part Of The Problem
The Left vs. Reality
So Hayden basically says, well, mainstream financial markets are scammy too, so I'm gonna get mine with an even more brazen scam. Coffey, of course, correctly points out the answer to financial fraud is better laws, enforcement, less corruption, but Hayden's already made up his mind.
Part Of The Problem
The Left vs. Reality
Since the big banks are imperfect, we should just give up on policing things like rug pulls, insider trading, and outright theft. Now, that philosophy actually seems to me to be pretty core to the ethos of Trump 2.0. It's a dark nihilism that effectively says, look, everything's bad, so let's just make it worse. Since the financial system is gamed by insiders, let's just go full open scam.
Part Of The Problem
The Left vs. Reality
Since money has infected politics, let's just take open bribes. Since we've been hypocritical about international law, let's just revert to pure barbarism. It's an ethos that I think is very much at the core of the anarcho-capitalist ideology that Elon and Project 2025 architect Russ Vogt have infused the second Trump administration with. Let's pause it right there.
Part Of The Problem
The Left vs. Reality
corporate power, just disband the government, privatize all functions, and let the oligarch CEO dictators run wild. Don't believe me? Just listen to Marc Andreessen, as influential a person as any in this administration, explain how since democracy will always be flawed, we should just openly embrace oligarchy.
Part Of The Problem
The Left vs. Reality
So the basic message here is democracy is fake. So just give up on letting people have a say and embrace your billionaire overlords.
Part Of The Problem
The Left vs. Reality
You can see how this ideology, also tied to the ideas of Nick Land and Curtis Yarvin, the so-called dark enlightenment or neo-reactionary movements, how this provides a very convenient philosophical backdrop for Elon to execute on his own plans and personally selected goals for humanity.
Part Of The Problem
The Left vs. Reality
Elon, he wants total power. And this ideology provides him a pathway to exactly that. I've been reading Walter Isaacson's biography on Elon. One thing you really get is how he has personally cast himself as the savior of humanity. Launches SpaceX, that's a sort of insane boondoggle at the start. He believes he must personally guarantee humanity's future as a multi-planetary species.
Part Of The Problem
The Left vs. Reality
Nevermind that none of us voted for the CEO dictator king to destroy the lives of working class people in order to chase his Martian dream. If Elon's multi-planetary goal takes shredding the constitution, so be it. If it takes sentencing kids with HIV in Africa to death, so be it. If it takes hijacking the entire resources of the United States government to funnel into SpaceX, so be it.