My take is that it won't, because it's been adopted by forces like Blackrock.
Yea yea, virtually every criticism of crypto you still have applies, such as its origin and how it will be used to usher in CBDCs, etc. etc.
But your "it's going to zero" take is wrong, unless, I suppose, the whole international banking system collapses or the power goes out with no hope of repair. In either case, we have bigger problems to worry about, and you won't be jumping on here to say "see, I told you so."
EDIT: I'm still waiting on a prediction of when it's going to zero. Any takers?
In 1994, if you had said that CNN and cable news would be upstaged and made mostly irrelevant by an alternate form of "talk radio" called podcasts (which didn't exist in 1995), people would call you a fool. Yet here we are in 2024.
In 1994 there are a dozen plus other things that if you compare then to now, show a "sea change". There are plenty. Name a few in your head, even if you don't reply.
The people who say "nothing ever happens" don't have the level of self refection to realize that something is ALWAYS happening. They are unable to alter there perspective. What they learned in 1994 must remain true in 2024 or it puts their very concept of "self" at risk. This is why scientific progress happens one funeral at a time.
Most people quote one dead economist or another, and it's not an original thought.
So I was listening to this catchy has hell song the other day: Willow Smith - Wait a Minute (the 6th dimension song) - https://www.youtube.com/watch?v=pC4RRPY32RY
And I said to myself, "Just what is the 6th dimension?"
If you've ever wondered what is past the 4th dimension (time) - in short, it's alternate realities.
Was FDR a man who lied? Who made mistakes? Who fucked up and didn't admit it?
Answer honestly.
What makes you think that this quote, then, is truthful? "In politics, nothing happens by accident. If it happens, you can bet it was planned that way." - Franklin D. Roosevelt
Bonus points if you can get the meta problem with that quote.
This would be the "Kari Lake" method for winning elections, as opposed to the 3am ballot drop, or the 10,000 mules approach.
“You think you are thoroughly disillusioned, don’t you? Well, that may prove to be the last and strongest illusion of all.”
C.S. Lewis called it "chronological snobbery" if one thinks that something from a pervious age was stupid, just because it was old, or because they didn't have a modern understanding of certain scientific principles that were discovered later.
I'll go farther and say the average person in the Bronze Age was probably smarter than the average person today.
1,000 years from now, we are going to look awfully fucking stupid by comparison.
I have this theory that this user, Mad King Kalak is a freemason Catholic Sephardic Jew Nazi glownigger fed Mossad boomer normiecon who is also a white racist AI bot. His posts and comments that question groupthink and which challenge my ideas show that he is clearly a paid shill.
For instance, he has posted that 9/11 was a Bush inside job to benefit Israel, but the has also simultaneously posted that Building 7 after burning for 8 hours as a records repository that had a large supply of diesel fuel for the backup generators therein causing it to (partially) collapse indicate he's not to be trusted. Everyone is on the same page about 9/11 after all. And really, he thinks that flat earth is a psyop but also that Christ is King and that the moon landing is real partially because white Nazi scientists paved the way. He also questions the Holocaust but thinks Hitler was a demon possessed lunatic. Totally irreconcilable positions.
In fact, this post is also an "agree and amplify" deflection technique, trying to get out ahead of me exposing him for who he really is.
I welcome your theories.
Does this apply to you and any of your theories?
"The madman's explanation of a thing is always complete, and often in a purely rational sense satisfactory. Or, so to speak, the insane explanation, if not conclusive, is at least unanswerable; this may be observed in the two or three commonest types of madness. If a man says (for instance) that men have a conspiracy against him, you cannot dispute it except by saying that all the men deny that they are conspirators; which is exactly what conspirators would do. His explanation covers the facts as much as yours. Or if a man says he is the rightful king of England, it is no complete answer to say that the existing authorities call him mad; for if he were the king of England that might be the wisest thing for the existing authorities to do."
[snip]
Nevertheless he is wrong. But if we attempt to trace his error in exact terms, we shall not find it quite so easy as we had supposed. Perhaps the nearest we can get to expressing it is to say this; that his mind moves in a perfect but narrow circle….in the same way the insane explanation is quite as complete as the sane one, but is not so large.”
-GK Chesterton (Orthodoxy)
TLDR – Stupid conspiracy theories can have perfect internal logic, but fall apart when presented with outside facts.
One mostly acceptable conspiracy theory to normies is that we didn't land on the moon.
If normies believe it, it's a psyop. Dead giveaway.
Its purpose is to undermine the intellect and accomplishments of White people. "bUt LaNdInG oN tHe MoOn iS iMpOsSiBle!"
I'm sure airplane flight seems impossible if you are a black live in Nigeria, but that doesn't mean it is.
Does Trump go Andrew Jackson and say "Marshall has made his decision, now let him enforce it?" or does he go Ike with school integration and follow the courts to the point of using fixed bayonets?
Note for the purpose of this thought experiment, the deportations do start, even if modestly. If you want to say "that won't happen" then I would say create your own thread.
Or it could be a waste of Trump's time.
Excerpt:
"A New York state Democratic lawmaker sparked outrage Wednesday when he compared Donald Trump’s upcoming campaign stop at Madison Square Garden to a Nazi rally that took place at the famous Big Apple venue 85 years ago. State Sen. Brad Hoylman-Sigal, 58, called on MSG officials to cancel Trump’s Oct. 27 rally, claiming it could lead to “widespread violence” as he ripped into the former president and his supporters during the online diatribe. “Let’s be clear. Allowing Trump to hold an event at MSG is equivalent to the infamous Nazis rally at Madison Square Garden on February 20, 1939,” Hoylman-Sigal, a Democrat, tweeted in reference to the disgraceful Nazi assembly held during the reign of German dictator Adolf Hitler. . .Hoylman-Sigal, whose senate district includes the Garden, said he confirmed Trump’s rally is scheduled for 3 p.m. — just nine days before Election Day. The campaign event was first reported by The Post. “This is a disastrous decision by Madison Square Garden that will endanger the public safety of New Yorkers and has the potential to incite widespread violence,” the Big Apple pol continued. “For the good of NYC and its residents, I demand @TheGarden keep our city safe by cancelling the Trump Rally.”"
https://nypost.com/2024/10/09/us-news/brad-hoylman-sigal-slammed-for-comparing-trump-rally/