I mean, on some level, I do understand. Since it is purely speculative with no use all of crypto is just hoping that you can cash out at the right time to not be the one holding the bag. But all of the celebrity coins are always rugpulls that have their first crash over minutes or hours, so I don’t understand people buying into that believing that they will sell 20 minutes from now for a profit, versus the risk of being the vast majority that is the bag holder. With something like the Trump related cryptocurrencies I can understand, as that is a fig-leaf for direct bribery and a Trump Coin would have other value related to that. But an Adams Coin?

How does this still work? The entire point of using fame or name recognition to put out a cryptocurrency is a rug pull. The only difference between me printing out my own paper currency called radio_free_asgarthr bucks and a meme coin is that one uses computers.

IDK, I am starting to think that efficient market hypothesis is bullshit.

Erasing spices of color. He is no longer Jamaican and Rastafarian but a generic mascot that can be coded as White. The CHUDs are winning the culture war.

This is mostly recency bias, but I really liked the series This Machine Kills did with Aaron Benanov on his papers “Beyond Capitalism” published in NLR. I think the first episode was in 2025 and the two in the series ware really thought provoking and I am still going through Aaron’s papers, since the “Beyond Capitalism” papers are over 100 pages combined. But it is really an interesting take on how the Socialist Calculation Debate really missed the real point and him trying to put forward potential ideas of how society would “plan” and allocate resources after capitalism. Accepting that even though Marx was not willing to write recipes for the cooks of the future, that doesn’t mean other people couldn’t speculate on what those recipes could be.

Edit: the titles of the episodes are “Do Socialists Dream of Electric Institutions Part {1,2}”

I thought that the one very small upside of MAGA and Groypers being more openly pro-Nazi is that I don’t have to hear the “Nazis were actually socialists, it is in the name, National Socialists” arguments anymore. But I guess I have just had less accidental encounters with right-wing dipshits recently.

They are in the decline and falling apart. But that is why things are so bad and they are lashing out so. An animal is most dangerous when it is wounded and cornered. And if they were secure in their power and position they wouldn’t feel the need to openly flex and demonstrate their power.

At the risk of engaging in sectarianism and poorly quoting a half remembered Trotsky analysis, this reminds me of how wrong Trotsky was in diagnosing fascism. To my memory, his analysis was that fascism is not dangerous and can be ignored because it is unstable and doesn’t have a coherent class basis. Not understanding that because it is unstable that fascism is dangerous and that not having a coherent base that is contradictory means that it needs to target an external enemy to maintain unity in opposition. Even if the Nazis could have won WW2, they would have ripped themselves apart and decayed in peace time without Judeo-Bolshevism.