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Crypto Invalidates The Money Narrative

JOHNSTONE

English - October 15, 2021 00:32 - 6 minutes - 6.39 MB - ★★★★★ - 99 ratings
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The financial elite hate crypto not because crypto itself poses a threat to their empire, but because its existence is destroying trust and belief in the "realness" narrative of money among regular people. Bitcoin is imaginary, but it's worth real money. Why? Because money is also imaginary. 

The complexity of the markets is absolutely essential in controlling the narrative around why a few live like kings while the rest work like slaves just to keep a roof over their heads. You, regular person, are not meant to understand it. Because if you did it could not continue.

If you define crypto as shares it makes it clear that shares don't need to be based in any kind of physical reality in order to create "value" in a market-based system. Crypto as currency makes it clear that currency doesn't need the trade of a national economy to back it. 

Crypto shows that it's all made up, this whole psychopathic numbers game where the digits on your bank app dictate whether you live or die, or the digits on spreadsheets dictate whether we avoid near-term extinction or not, it's all made up. And we can change it whenever we like.

I've always hated Monopoly. What a tedious, vindictive waste of a perfectly good afternoon. I am so pissed off that we're going extinct over what essentially is just a global game of Monopoly that virtually none of us want to play.

Reading by Tim Foley.