shade

tldr: dems win coins go up crypto's origins are rooted in anti establishment cyber punk ethos, so the last few years has made several strange sights as people obsessed over etf filings and flows while posting edits of larry fink pumping bitcoin and eth. in critical literary theory a foil is an idea (often a character) that serves to provide the reader with a contrast. the absence of a foil in crypto in the last few years has instead given audiences the ability to see a lot of the uglier sides of the industry in the form of value destruction, pump dot fun, blatant pump and dumps, and nonstop value extraction by the administration itself. given free reign, crypto debased itself to the lowest common denominator. the reality is crypto needs an adversary the way shadows need light. a slightly hostile environment serves as a form of hormesis, weeding out the weak and the lowly. how many influencers will accidentally get "hacked" if the doj comes knocking with warrants? the last year of price action has already been a process of capital slowly consolidating in and around the projects of value in the space (fc hypeusdt/allusdt.p, etc.). nor does the outcome of a single election undo the inevitable march of tokenization and dollarization. the weak are meat and the strong do eat. so instead of whining about the obvious outcome of gas prices going up 40% in less than two years as the result of a war in Iran nobody voted for, grab your big boy pants and bid your way out of the machine.