“The average person Pumpfun is supposedly trying to onboard is drowning in bills, trying to make ends meet, and navigating a society that's becoming increasingly isolated.”
Yes, of course it is. That’s what they want. They are good at selling the dream. Their entire marketing gimmick is to invite more people into the slaughterhouse.
The QTs illustrate how group think happens. Pascal is extremely right-wing (he worked on the Zemmour campaign and his mother is a RN MP) but when he tries to correct his own side, he gets massively ratio'd on the assumption that only the enemy would challenge the narrative.
I wrote an article in 2022 that talked about the evolving capabilites of AI regarding persuasion and dissemination - I think we are now in that reality, and that social media is likely not salvageable.
All signal you presume to receive from this app should be considered meaningless. Viable solutions seem to have been actively avoided. My original article focused more on the impact on markets, but the information weapon is primarily aimed at behavioural->political manipulation.
@hadeanbliss@TheCryptoNexus do you understand that the videos you are shown are selected for you by an algorithm that is maximizing for your behavioural change
@DeepFuckinOcean Yes, but this is the problem. We have these solutions at hand and started building them years ago, but ANY filtering of information is decried as "suppression of free speech" or "tyranny of experts". Noise rules as long as the people controlling the platform want it to
I have been warning of Bitcoin fatigue for many *years*, especially in my "post maximalism" essay (2018)
Unfortunately, few heeded my warnings. Now, the disaster has come to pass.
The fatigue is from:
- bs politics
- no soft fork upgrades
- lying to ourselves, constantly about lightning (et all)
- courting the NGU class (Saylor et al)
- courting the "toxic" class whilst not having our own act together
- hating on users (for example ordinals)
The sad truth is: Bitcoin has, in fact, been dying the last 10 years. Not economically or technically -- but culturally.
Will make a video on this ~tomorrow
In a post-capital world we can try to rebuild a true social graph through a self-sovereign tech stack and maybe return to some level of decency. But between then and now we will witness nightmares beyond comprehension. Good luck all