If the visual rhetoric of meme coins trades in irony, nostalgia, and populist spectacle, their deeper logic might reveal an even more profound dynamic: the transformation of speculation itself into a mode of promotional and ideological production.
“The thing is, I can only give what I’m feeling. I’m interested in discovery. If there’s not any discovery, it doesn’t feel real to me. I’ve never considered myself the best producer or the best singer or the best rapper or any of those separate categories. But one thing I do have confidence in is my feeling.”
Like any new technology, crypto is far from inevitable—no matter what its boosters claim. More precisely, decentralization—crypto’s core principle and its most significant contribution to reshaping markets—is far from a sure thing.
Another way of gaming the system, which I would argue is more dangerous, is to promise something that you either know you can’t deliver, or you’re not sure that technology can deliver, but by trying to essentially reengineer society around the technology, reengineer consumer expectations, reengineer user behaviors, you and your company are planning... See more
Is there that much difference between the (1) manosphere playbook of extracting value from people weaker than you, taking no responsibility for the damage, and moving to the next target and the (2) private equity model of identifying undervalued assets and extracting operating efficiencies and returning capital to shareholders?
These refugees have labored to build an informational and communicative infrastructure that isn’t so overwhelming, one that can be bootstrapped in private or semi-private spaces where a level of trust and good will is taken for granted, and conflict can be productive and encouraging instead of destructive and terrifying. As she puts it, “If the... See more