iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

High level thoughts ahead of earnings from Big Tech

Internet was a strange twist in the simulation. Over the last 3,000 years or so humans have experimented with a variety of ways to organize large groups of people to cooperate. Democracy has fought like hell to be the de facto, but we’ve spent the last 240 years here in the New World experimenting with it and it is safe to say not everyone is on board.

The big vote is coming up. Who Wants To Be A President is like a game show from hell. The N-95 mask verse the autocrat. Here in Michigan, there is a huge presence of upper-middle class scum, real greasy fuckers who’ve spent their entire life sprawling every which way out from Detroit, clearing nature and plopping down 4000 square foot hovels with three acre lawns. They don’t particularly like democracy. They want a king. Maybe they are kings of their petty domains, gunning down harmless woodland creatures for sport and otherwise growing fat and paranoid in isolation.

Capitalism is not perfect but it has enough components to keep us interested. It allows for autocratic leadership, democratic and other hybrids. When paired with internet, it allows non-traditional figures to rapidly rise to power. Not through mining precious resources or enslaving a presumed lower rank. Outcasts less interested in power and money and more in humanity, humble leaders like Jack Dorsey, now oversee some of the most crucial components of society—like the big bull horn aka Twitter.

“In a prosperous democracy that is also a society of winners and losers, any may without an equalizer or at least the illusion of one is by definition underprivileged.” – Hunter S. Thompson

Jack has been playing the slow game with Twitter, not even giving into the visceral demands for an edit button. How simple would it be to code in an edit button? Fuck you. Delete your tweet and start over. Not giving into the demands for an edit button is what separates the Jack Dorseys from lesser, more harmful leaders, leaders who’ve addicted themselves to the roar of a crowd.

I’ve withdrawn from conventional society long ago. A derelict futures trader, street charmer and vagabond operating on the fringe of society. Foraging for mushrooms and chasing snowstorms around the Rockies. I do not reside in some bourgeois cube, commuting to 50k worth of desk servitude. I roam with the outcasts, the career drifters and odd jobbers.

This fringe life allows a clear perspective on what is temporary—sovereign nations, borders, politicians and movements. And what is immortal—Google, Tesla, Microsoft, Twitter, Amazon, bitcoin and so on.

I couldn’t care less who is President, judge or sheriff. All that matters is quarterly earnings from Big Tech and the decisions and health of Big Tech leaders. They are steering the most crucial ships in this tumultuous simulation. Grown up hackers. Quite the twist, yes yes? Much more eloquent than anything Jerry Bruckheimer could conjure up.

Bullish Big Tech. Bearish Nations, U.S. fiat and anyone whose name is on a fucking lawn sign.

Raul Santos, October 29th 2020

If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. liske

    Perhaps more on point than Le Fly at this market crossroads and election juncture. Less to lose maybe?

    And as on point about the real greasy fuckers this place is screwed. Even if you are rock climbing in Utah. Central Bank / easing / fiat implosion is going to create some serious hell hole that I think you overlooking. Maybe UBI can appease like the 50k of desk servitude. If not better check your anchor bolts.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Raul3

      I like your reference to my anchor bolts. They are certainly vital, especially when our structures climb to great heights. Cheers.

      • 0
      • 0
      • 0 Deem this to be "Fake News"