Money, Energy and Memes
Money is a form of energy — it makes people do things. Anything that came into existence in human civilization happened because somebody paid somebody else to create it.
We pay our Pakistani devs in $BNB. Yeah, it’s Binance CZ’s shitcoin that the Dear Leader can mint infinitely, and yet, our friends in Pakistan find it more desirable than JPOW shitcoin (aka USD) that the Federal Reserve of the United States can mint infinitely.
Whatever you say about centralization of Binance Smart Chain, it’s clearly technologically superior to the dollar MLM scheme (aka Eurodollar) that’s weirdly been around since 1950s.
Hashes on the essentially centralized Binance fork of Ethereum are more desirable than unencrypted entries in a (1) Pakistani bank spreadsheet that are claims on unencrypted entries in a (2) City of London bank spreadsheet that are claims on unencrypted entries in a (3) New York bank spreadsheet that are claims on unencrypted entries in a (4) Federal Reserve of the United States spreadsheet. Essentially, Eurodollar in Pakistan is the 4th level derivative of JPOW shitcoin.
Let’s put on our normie tinfoil hats and assume that chances of CZ rugging BNB are 50%. But — most of the developing world from Lebanon to Myanmar got rugged by banks recently. We also know that the UK and the US are printing trillions of dollars.
According Ape quant analysis, the chances of 4th level USD derivative getting rugged are 100%.
And yet — everybody seems to want JPOW shitcoin because the Saudis decided to price oil in it. Oil..fossil fuels..energy!
Enter Tesla, GameStop, DOGE… and CUMMIES?
Tesla’s always been a meme stonk — Jim Chanos is getting rekt shorting 1500 PE but HUMANS and APES wanna Occupy Mars! Fuck it, that deserves $1trn mcap.
GameStop — the symbol of beating TradFi cucks at their own game. Yup, I’d pay $20bn for that.
DOGE — much wow! The most entertaining outcome is the most likely. Credit Suisse $30bn mcap is less than DOGE with $40bn. TradFi rekt. DOUBLE KILL!! And finally…CUMMIES? This chick is a legend.
Memes make people do things.
We all (even normie boomers!) aped into Tesla, GameStop and DOGE. Elon simps would buy Teslas even in Hong Kong where you’re literally significantly better off without a car. Save $200 a day on parking and tickets? Fuck that if you can have a Tesla! SBF simps ape into Sam coins. Belle Delphine managed to compress every guy’s wet dream into a 30 sec video. LFG!
Memes compress and convey complex information in an easily digestible format.
Ultimately we can view any financial exchange (whether you buy a car, a shitcoin or an OnlyFans subscription) as a transfer of energy. Desire is the ultimate source of HUMAN (and APE!) energy. The goal of investment (aka aping) is to conserve energy and postpone its deployment.
Memes conserve energy, and satisfy the most important feature of money — they make people do things.
This is why aping into memestonks and memecoins is the rational thing to do at a time TradFi is cucking plebs right and left. What’s the ultimate goal of humanity? To survive. It seems the only way we achieve that is by becoming a multi-planetary species. Occupy Mars. Buy Tesla stonk.
The most amazing thing about Papa Elon is that his companies have not made money in the traditional PnL sense. Tesla has always lost money, (except when he aped into Bitcoin, fearing JPOW cuckery), but Elon’s always had money. Apes have always been ready to snap up his 18-year-old ponzi at ever-growing valuations. Why? Because..
Memes conserve energy.
The most beautiful thing about open source is that it leads to the best outcome for the greatest number of people. Uniswap pioneered the DeFi space, developed a big part of the Ethereum contract framework. Last year Sushi forked Uni and added more features. Then Binance forked Ethereum and Sushi to create Pancake.