Don’t rely on a Federal Reserve rescue — For the past few months, we’ve been told that the monetary system has experienced considerable financial tightening. But now, with risk assets rebounding, the dollar wrecking ball taking a breather, and volatility subsiding, markets apparently disagree, believing that a Federal Reserve Pivot™ is looming. In reality, we could be miles…

Out of nowhere, nations are becoming prominent advocates of their own subversion — This Monday was an “interesting” start to the week for crypto. Mike Tyson promoted his latest NFT (non-fungible token) collection in partnership with Binance, the world’s largest casino posing as a platform that enables “financial freedom” — whatever that means. Meanwhile, the U.K Treasury asked the Royal Mint to construct…

This generation’s large-scale swindle is “the future of finance” — It was April Fools last Friday. But nevertheless, on Crypto Twitter, it became almost impossible to tell what was a joke and what was real. For the so-called “future of finance”, it was business as usual. Crypto remains a bizarre nexus of Ponzi scams posing as an intricate arcade game…

It’s time to stop beating around the bush — I could write about the rampant corruption within the legacy bankster class, though it’s crucial to instead try to expose crypto, the suggested resolution to shenanigans in legacy finance, as an even bigger cesspool of fraud, corruption, and criminality. I admit that I don’t have a clear solution to fixing…

The latest tomfoolery from within “the future of finance” — Recently, we’ve had some of our readers express a distaste for our crypto-only focus, which we understand completely. Crypto has evolved into one of the most contentious topics in an already tribalistic era. But as the crypto culture war becomes increasingly visible in the mainstream, we believe now is the…

Speedrunning through all the mistakes of financial history — Welcome to the crypto culture war, where one side is waiting for an imminent financial rebellion, while the other is waiting for a colossal financial bubble to finally burst. Who will be proven right? Find out on this episode of financial manias gone wild. ✤ Crypto is now a mass…

A comprehensive dunk on crypto’s “liberation narrative” — For what feels like years now, the crypto ecosystem has fed us a steady stream of hype, publicity, and narratives over a coming “revolution”, in which crypto will supersede corrupt institutions and the power-hungry elite that controls them. But nothing could be further from the truth. The opposite reality has…

It’s just another fake liberation movement — On February 17th, 2022, somewhat fresh from his foray into mainstream American politics, businessman-turned-obscure-venture-dispenser Andrew Yang revealed via Twitter his latest undertaking: Lobby3, a new “Web3 community” designed to “give the people a stronger voice in Washington,” its website stated. …

Is it possible to escape? — Right now, poking fun at the “other side” provides a cocktail of dopamine-fueled schadenfreude, but one day we’ll look back at our political point-scoring, like “owning the libs” and “laughing at the lolberts,” and realize we were only feeding the elite’s divisive apparatus. Talk about divide and conquer. When Concoda…