GuShiio.com The decentralization of blockchain provides an excellent and hidden control space for centralized power.
Author: Ice Frog
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Politicians in the White House and Wall Street capitalists are reshaping power relations on the chain. In the name of decentralization, they have built a new exploitation system that is more hidden and cruel.
When Trump’s tweets become part of political insider trading, we have to admit an extremely ironic paradox: the decentralization of blockchain provides an excellent and hidden control space for centralized power.
1. The colonial experiment of power: Trump’s path to chief crypto market maker
When you stay up late watching Trump’s tweets, you may think you are participating in the financial revolution launched by the Grand Commander, but the cruel reality is more likely: you may be participating in a crowdfunding project for Mar-a-Lago electricity bills.
Yes, Trump’s coming to power is good for encryption, but just as there is no love for no reason in the world, another price of benefits brought by political power may be that power is kicking off the colonization of a decentralized world.
Recently, there have been two news items that are actually supporting this point.
Second, last night, a giant whale used a 50-fold leverage to long BTC and ETH. According to this leverage multiple, its open position price was only a hundred dollars away from the spot price. Just when everyone was puzzled by its operation, Trump released a tweet about the digital currency country’s strategic reserve. In just half an hour, the address made a huge profit of half a billion.
Two short news items, any one with a little bit of financial common sense may come to a very clear conclusion: This is not fucking insider trading, what else is? The top-level political + capital conspiracy is so unpretentious.
Trump has really understood decentralization, especially when power and decentralization are combined, making money is as simple as breathing, and without having to bear any legal responsibilities, at least at this stage.
Satoshi Nakamoto’s encryption ideals originally heralded a path beyond national sovereignty and capital hegemony. However, Trump’s series of operations proved that power is using explicit or implied information, as well as more tempting narratives, in conjunction with the leverage of capital, to complete power’s digital possession and new colonization of blockchain. Insider information is being transformed into leveraged derivatives that can be traded by interest groups surrounding power groups.
The realization of political power and the withdrawal of capital on the chain, from memes to the political donation metaphors implicit in tweets, Trump is adding a blockchain engine to the White House-style revolving door. From information privileges to political capitalization, the market is interested in Trump The craze for policy illusions is nothing more than new colonial marketing.
Some people say that Trump is launching an American political revolution, but as a blockchain practitioner, we need to see a pessimistic reality: Trump is using the market-making hegemony brought about by information privilege to push the anarchism proposed by Satoshi Nakamoto to the grave, but in a decent sense, Trump gave a high-standard state funeral.
Let America be great again and let anarchism die. This epitaph was engraved by Trump himself.
2. The Logic of Political Capitalization: The Trinity Harvest and Benefit Distribution
Political capitalization is part of modern politics. However, in traditional finance, it can effectively smooth out the high fluctuations caused by power realization in terms of legal binding force and operating time difference logic.
Trump has actually created an advanced harvesting paradigm of political power + encryption complex. The fundamental thing is to use volatility arbitrage, and tweets and information privileges form the core of creating volatility.
A revolving door chain of interests of policy leaks-market manipulation-lobbying for legislation is taking shape in Washington. After all, even the SEC declares that MEME is a non-securities and assumes its own investment risks.
When code is law meets power is law, the former collapses.
On a deeper level, the SEC and Gary Gensler are only part of the harvest. After all, only by creating an obvious enemy can subsequent token marketing and on-chain colonization have an emotional amplification effect, and then arbitrage through information manipulation and capital leverage.
The world mistakenly thinks that Trump is fickle, but little knows that he is a true master of social psychology and a top master who is well versed in hype and attention economics.
This set of triple harvesting methods is not uncommon in history, or more offensive, it is similar to the path of religious belief, creating guilt-peddling redemption plans-completing the realization of power. The harvesting model of atonement economics has never changed. Whether it is medieval religion or the cyclical rupture of modern financial markets, it will always follow this rule.
The most brilliant thing about power is that it does not make you surrender in the sense of force, but that you pay out of your own pocket in exchange for a sense of security and the illusion of wealth.
Putting aside the gains and losses of personal interests, there is no winner in this game. The meme knock-on trading and leveraged insider manipulation behind the Trump incident are by no means a simple abuse of power of technology, but a real reshaping of blockchain.
Traditional money laundering and power corruption have significant centralized intermediary tools, with great legal and geographical restrictions. Although Trump’s technological neutrality has improved the industry’s situation in a practical sense, it is undeniable that it has also Completely changed the nature of the industry.
Politicians in the White House and Wall Street capitalists are reshaping power relations on the chain. In the name of decentralization, they have built a new exploitation system that is more hidden and cruel.
You think you are pursuing wealth freedom, but in the eyes of those in power, you are just a nutrient for more efficient wealth plunder. In their eyes, you may be just a number that can return to zero at any time.
We hate capital and hate centralization, but we rely on them to survive and are exploited by them. Individual retail investors sway between dependence and resistance, but the shrinking of wallets reminds of everything that is happening: Yes, it’s time to wake up.
3. Paradox: The more decentralization, the more thorough the centralized control of power
Maybe we have to admit that cryptocurrency has never been far away from politics. When power’s tame of the cryptoworld was officially put on the table, everything was caught off guard, except the plunder of wealth was still happening every day.
From a conspiracy theory perspective, we can even be pessimistic that the so-called technical neutrality is nothing more than a demonstration that middlemen are finally no longer needed to cut leeks.
A series of recent facts have given us a very cruel truth: blockchain not only fails to subvert traditional power, but also provides politics with a realistic augmented path for manipulation at the real level, or the more bloody fact is that blockchain provides those in power with a sharper control weapon.
When your trust is controlled by algorithms, power does not need to be realized in traditional and complex forms. All transactions can be shaped by higher power rules. What it bursts is the mythical bubble of technology. What we see in insider trading is not Satoshi Nakamoto’s ideal of freedom, but only the cyber reflection of the game of thrones for thousands of years.
We are all pawns trapped in it, but I still hope that we understand all this and try not to be cannon fodder, and life will always continue.
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