Hey I'm gonna tell you some things without attribution that you may choose to believe or not

1) 5GW/infowar is not something weird online people are reading into things, it's USG's public-facing governing paradigm & they are playing to win

2) You already know that anyone who says NSA et al "have no domestic mission" is lying to you, but they don't even pretend that's true in the quasi-public fora that coffee-getters like me attend

It means about as much as "interstate commerce" at this point, there are no borders
3) Mil officials at the highest levels are openly courting Big Tech at the highest levels to "practice good digital citizenship" (IOW fight the infowar for them) bc government can't - not bc they gaf about the Constitution, but bc nobody in Congress knows how to use a computer
4) MIC admits that "kinetic effects" (things that blow up) are no longer the primary concern - they're worried about narrative collapse because no one is curating the flow of media to people who are "tribal, susceptible to misinformation, less educated"
5) So far none of this is really news (except that they're open about it), but one thing that may surprise: they are not soft on China, they are scared shitless

They despise Trump openly but the only good thing they have to say is "at least he cut China out of US finance & tech"
6) They forecast economic & tech parity with China within 5 years, then a Chinese century unless we act fast (ie give them the whip hand & shitloads of money)

CCP control of R&D + 4:1 manpower advantage almost insurmountable
7) US response is a buyout of tech, with massive govt R&D spending on ostensibly commercial applications in exchange for "security cooperation"

They insist that this is not just "corporatism with American characteristics", bc they ask nicely
8) When they say "the western liberal order" they don't mean "free markets & free minds" (though they still mouth the words) - it means respect for corporate fiefs (esp re: IP & trade) & a soft touch with client states, as opposed to the bullying/piratical posture of the CCP
9) Plans for mass automation, unemployment, unrest

R&D injections in domestic surveillance, infosec, hardening infrastructure, counter-extremism

the American people aren't *necessarily* the enemy, but they are a critical resource that must be kept out of enemy hands (BAMN)
Bottom line: Alex Jones is right about pretty much everything

& the coordination necessary for them to do what they need to do is making it increasingly difficult to market using the old good-guys-fighting-tyranny paradigm

at best it's "we're still the lesser evil"

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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.