The Quiet Desperation of Man Is YOUR Opportunity To Win (This Time Round)
A little rant on markets, cycles, where prices are going...
We are going higher and you need to be ready for it.
Nothing will stop the expansion of fiat currency.
Which means our internet coins have only ONE direction to go on a long enough timescale…
UP.
I was back in Singapore last weekend, spending time with the family. I went for a walk in Ion Orchard, one of our most popular shopping malls, where people are meant to enjoy themselves and have fun times with friends/family.
(like that’s possible in Disneyland with the Death Penalty lmao)
I was greeted by the dark, deadened serotonin-overloaded stare of young men lost in quiet desperation, their psyches and physiques trapped in a state of shock and nervous overexcitement, their souls lost in a cultural purgatory of a never-ending societal crab bucket to climb out of.
I have zero doubt that stems from the pressure cooker culture of the country, as well as the fact that you have a younger generation walking around seeing the opulence and wealth of the boomers, knowing they will NEVER reach the same level of wealth in their lifetimes due to how the fiat system is setup and how the housing ponzi has been pumped in most Western/developed nations.
Remember:
You have an entire GLOBAL population of such youths, waging from paycheck to paycheck, watching the clown world of celebrities print millions from OnlyFans, Tiktok, influencing, etc etc and they are desperately wishing for a way out.
Quiet desperation isn’t just the English way.
It’s the way of the Zoomers and those born after the boomers who understand the Ponzi was stacked against them from the day they sprang forth from the cosmos, with Boomer Cantillionaires mocking their poverty and wagedom from their ever-pumping assets that they acquired at much better income/asset ratios when they were in their youth.
There are only a few ways out of this scheme as a 1st worldooor:
1. Becoming a digital nomad and moving to a poorer 2nd/3rd world country.
But anyone with common sense knows that unless they are able to create a sustainable income stream that can grow, moving to Vietnam, Thailand, LatAm doesn’t mean you’ll have a great life forever - it means you’ll have a decent standard of living in a place you have no connections in (usually) for as long as you can sustain an online income stream before your business/job/industry eventually gets replaced by technology or becomes too saturated.
Ask the dropshippers who made it off fidget spinners how they’re doing these days if they didn’t upgrade their skills and ran out of their early windfalls.
Or the 2000s affiliate marketers that printed 6 figs easily from Clickbank offers before the space became more saturated. Or the internet copywriters that thought they could print millions off ripping Dan Kennedy sales letter templates forever. It’s not looking good for any of them. Quiet desperation awaits.
2. Embrace clown world with wh0ring/clown world antics
If you’re a cute Asian female, you can always punch in your Yoko Ono card, go to the gym for a couple of months, learn to put freckles on your cheeks and cash it in with OnlyFans.
Do a couple of twerking TikToks, start printing a few thousand each month with a decent sales funnel. Maybe sell your used undies and bathwater to desperate men online. You will print from this. Call it yield farming with extra steps.
Or maybe you become a gay twink online or femboy if you’re desperate enough. Most don’t have that level of guts/desperation to do this option, or the appearance/desirability to do so.
Again, quiet desperation awaits.
3. As someone with little to no other options, hypergamble your way to as much moolah as you can through the speculative markets of crypto, stocks, options, you name it.
Many in the developed world are smart enough to know the game is rigged against them, which will drive them towards moonshot investments and punts that would freak out a value-driven boomer investor and/or give them a heart attack.
This cycle will be marked by what I believe to be a level of utter desperation and escapism, that will blow away the boomer ideas of efficient markets, P/E ratios, value, and other antiquated values. Imagine telling your boomer parents you got a 100x off $JOE because yellow boi meme is good lmao
No, it is not different this time. Similar ridiculous behavioral patterns have occurred in periods of hyperinflation, such as Weimar Germany.
Off the top of my head, here are several factors that will fuel this cycle:
1. A new form of technology, allowing a new form of speculation/growth
The blockchain can still be considered new if you market it well enough. Add in some words on scalability, immutable ownership etc, and it becomes interesting enough for people to allocate into this asset class.
We’ve got Ordinals on BTC, with clear adoption and usage by speculators, paving the way for funds and institutions to begin speculating on them further. We’ve got socialfi tech on BASE and other EVMs, letting us punt on our favorite influencers and egirls.
We’ve got Blur making NFTs more efficient, and tools like Maestro, Bananabot, Unibot, Newslybot all making our lives easier as degens.
Now, one must not fade the shitcoining speculator.
For he is at the forefront of technology, aping with the skin of his teeth into contracts, chains, satoshis, all for the promise of filthy lucre.
2. A run from fiat into more and more speculative assets further down the risk-curve.
It’s unlikely we don’t see more money printing if/when enough negative economic indicators emerge from the West.
If you think not, you underestimate the greed of politicians and elites to pump their bags, and to use the printer to kick the can down the road.
We will most certainly hit new all time highs denominated in USD and other fiat currencies for this reason alone. Dumb take, I know, but if money supply goes up, there’s no way $BTC and by proxy $ETH don't go up in price.
Just duh, keep it simple.
3. A wave of institutional adoption through ETFs, Blackrock, and other big tradfi names starting to pump our bags.
Unironically, this will lead tokens with decentralized narratives to pump for fear of elites seizing the asset class for themselves. I’m looking at $TAO, $ATOR, and other such tokens to take lead with that narrative and grow even further from how well they’ve performed this year.
This will also push our altcoins and ETH to run hard, due to the next wave of new retail participants being biased from BTC’s high unit price, and looking at cheaper alternatives and memecoins for better returns.
When it comes to memecoins, the winners for this current wave of expansion are very clear - $PEPE, $JOE, $BITCOIN, $SPX, etc - all of those with strong cults and communities have many a way to go.
Most have forgotten what a raging bull market is like.
It is a fiendish time of pumps that do not end, of feverishly chasing the next big thing, desperately aping into whatever you think may be the next 5, 10, 20x gem. As of now, you can still allocate into the right coins and be considered "early". I believe once we hit range highs on $BTC on this move (be it $45-52k range), that is when alts run even harder, before eventually the liquidity is pulled by the participants who were in the ponzi scheme earlier, and the money transfer from the hands of the many, into the hands of the few once again.
We are still in a zero-sum game, and will continue to be so until we see clear signs of new blood entering the space, and an increase of liquidity.
However, we are nearly at the brink of the PVP shifting to PVE, and for the market to truly charge forward as a bull once more.
You didn’t stick around this bear to lose, you stuck around to win. The signs of what will be this cycle’s winners are already here, you only need listen. I will end this tirade with two words:
Bet More.
thanks so much for writing these man, i could read a 100 of these threads. appreciate you for taking the time to write these
I just put my entire networth in Bitcoin and Eth after reading this