It took two weeks to end the career of the most successful Asian American in history.
Jensen washed dishes at Denny‘s as a teenager, and by this year he was running the world’s most valuable company.
This week a lot of Asian people on my timeline decided that story is over. That no matter how high you climb, a face like ours gets a different set of rules at the top.
After Elizabeth Holmes, female founders spent years getting asked some version of “how do we know you’re not the next Holmes?“ One woman‘s fraud turned into a question every woman had to answer.
I’m Chinese Canadian, I grew up in Vancouver, and now I live in the Bay Area. I already know what my version of that question is going to be and it‘s pathetic.
Jensen was born in Taiwan and spent over thirty years building an American company. The second the word ”China“ landed next to his name, none of that counted.
This country has done this before. In 1882 it banned Chinese immigrants. In 1942 it locked up 120,000 Japanese Americans, most of them citizens. In 1982 two Detroit autoworkers who blamed Japan for their jobs beat Vincent Chin to death with a baseball bat. He was Chinese. His killers never spent a day in prison.
Yellow peril never checked which Asian you were, and that’s a big part of why “Asian American“ became one word. If they were going to lump us together anyway, we might as well stand together.
Now look at Jensen‘s timeline. Oct 29, the spy story breaks. The next day Singapore’s government says it never said what the Wall Street Journal claimed. Nov 8, he admits an affair. Nov 12, he‘s gone. The spy part is still unproven. Two weeks start to finish, right before what could be the biggest IPO in AI.
You can call that a coincidence. I don’t buy it.
Meanwhile the powerful people who raped CHILDREN in the Epstein files are mostly still living their best life
Jensen had an affair with an adult woman. That’s the only thing of what‘s actually been proven.
So what exactly did Jensen do that was worse than them? Nothing.
He was the best, he was Asian, and he was on the wrong side of the political fight.
He did everything right. He built the company America needed most and showed up to every dinner in Washington. On Sunday night the president himself stood up for him and called him “an honorable guy.”
It didn’t matter. By Thursday he was gone.
If you can take down the president‘s favorite CEO in four days while the president is defending him, think about who that message was really for.
They’ll use you for thirty years and still never count you as one of them.
That’s what a political weapon is. You’re a tool while you’re useful.
When the game gets serious, you’re the knife. And when it’s over, nobody comes back for the knife.
Jensen was the best one they had. That's exactly why he made such a good "kitchenware".
memes are fully over and they are not coming back
volume is trending to zero while token launches are trending up
what we are seeing is a completely unique market unlike anything else in history
an economic experiment
> the 'demand' side costs you money and you only lose
> there is zero barrier to being on the 'supply' side
its one-click to be a 'supplier' and get paid with no risk
tools are increasingly efficient.... you can clone a coin and launch it with fake volume in one click
you can buy hundreds of aged 'real' wallets for dust
all modern terminals do this while avoiding any bubblemaps flags
we are seeing the first market in history with infinite supply that is also trending towards zero demand
because any interest that would previously drive the 'demand' side just turns into the 'supply' side
as being on the supply side is the only logical choice for a potential market participant
its more over than its ever been and memes are not coming back until theres a substantial iteration
they will come back in a new form one day but that day is far away
the next exponential wealth creation meta in crypto will look a lot different
and importantly all the meme-maxi lifers that are still in the trenches will hate that thing and resist it
best course of action for now is avoid the trenches completely
something new is coming
it just wont be memes
and it wont be soon
Crypto is in the post dot com bubble bursting phase where none of the shitty ideas worked out and retail got burned one too many times
There's no new bullish narrative to make anything pump, tokenization isn't going to do it because that doesn't bring a single dollar into the coins we hold, same with stablecoins, like great you figured out how to move USD around, who gives a fuck.. All the current narratives are bearish as hell, quantum fears and AI hacks are all anyone talks about.. The KOLs are all either scammers, retards, or both
The only bullish narrative we have right now is privacy and the general public doesn't give a fuck about that so we're prob topped out on that too
Very very bleak point for the industry, I've personally shifted millions into real estate and stocks over the past few years.. Still holding BTC and ZEC but honestly bored with all of it.
the reason why the republicans won in 2024 is cuz the democrats are incompetent idiots
the reason why the democrats are winning in 2026 is cuz the republicans are incompetent idiots
Back in 2023, once $BTC flipped the 50MA on the weekly, it pretty much respected it throughout the entire bull market.
We’ve flipped the MA, and now we’re deviating slightly below it, as we’ve seen many times before. These deviations have typically marked capitulation, with the deviations getting bought up quickly.
That’s why I decided to add to my spot bags from 65K for the first time since we tested 87K.
Do as you wish with this information. ⚡️