https://xcancel.com/MorePerfectUS/status/1996300723483443244
Coulda just thrown my hands up, given up on trying to make a difference, and just decided I was going to grab as much as I humanly could but noooo…
The US tech industry is so fucking washed. This counts as innovation? The banks already financialize just about everything. Now we’re literally finacializing non existent shit like crypto.
Yes, financialize the fake currency whose only use is to speculatively hold and hope you can sell it for more then you paid because other, dumber people are investing in it too!
The next innovation will be to bundle it up like insurance policies and sell those bundles to pension funds as A++ investments.
Which I am sure is already happening, just not on a wide scale. But it’s only a matter of time.
If we’re being for real here, cryptocurrency was financialized from the very beginning.
You’re right but I think the point is that the crypto clowns are trying/scamming for dear life to expand on the number of ways crypto is financialized.
yeah I can definitely see that happen because this scam train just keeps on chugging along
I don’t think you understand what’s happening here. They are already WAY past that. This is the commodification and financialisation of everything we do in life. In just existing, acting and reacting to the world, responding to things and people, making choices.
This is the “final frontier” of capitalism.
Good thing we got rid of pensions and now it’s just 401k’s managed by Black Rock
im going to financialize the concept of financialization
all the capitalists are broke now
Lmfao. This just made me think of the mortal Kombat “flawless victory” voice line
I keep thinking of how recently it was an insult to call someone ‘rent-seeking’ but it’s what the entire economy is built on
[coughs] passive income specialist
Sorry if I’m not reading this the way you intended, but was “rent-seeking” ever not meant as derogatory?
I just meant it was derogatory up until very recently, it would’ve been uncouth to be openly admitting their business models are about making every single person pay rent on every single thing they interact with but now it’s how you get investor money
I’m with you now, thanks! My brain was not cooperating this morning.
The world stopped being optimistic due to a proliferation of toxic social media algos.
Prediction markets will re-inject society with truth and market-based consensus rather than baseless vitriol.
The future will be better than the past
User’s pfp and banner are edgy art of Eli from Attack on Titan, and his profile claims that he’s “head of crypto” at the company being discussed in the original tweet.
Well at least they’re honest enough to treat “truth” and “market-based consensus” as distinct concepts
Wake up babe it’s time to financialise your nuts
yes honey
Marketplace of ideas
Hello I will take one idea please
That one? No, I can’t afford it
