2024-11-01
The Profane Unaccountability of Social Media
- A Halloween rant sparked by a meme coin made from his Where's-Waldo costume photo, arguing meme coins are pure pump-and-dump with no utility and never will have any.
- He contrasts them with Cardano's on-chain government and seven-year network as real infrastructure, insisting a tweet about a token is never an endorsement.
- He decries the profane unaccountability of social media, where everyone punches then plays victim, and shallow algorithms reward outrage over depth.
- He connects it to a health crisis he sees daily at his clinic, blaming processed food and seed oils, and to a political discourse fixated on trivia amid existential threats.
- He closes urging people to sit with themselves, read deeply, and reclaim self-custody, framing crypto's real premise as personal accountability against those who profit from the madness.
27 entries
On Halloween 2024 he explains his Where's-Waldo costume, a How's-Waldo Family Guy joke, and how his EA Chelsea's photo instantly spawned a meme coin, as always happens.
Moon boys rushed to buy the token for the tweet's notoriety and got dumped on by a serial scammer, insisting meme coins have no value and never will, and that people should stop expecting otherwise.
The meme-coin game is always the same, a token pumps as others rush in then people dump on you, calling it gambling at best and the greater-fool theory at worst with no culture behind a pump-and-dump.
Even the meme coins he enjoys like Nike have no utility, and their popularity now is people bored in a brutal three-year bear market moving wealth from one side of the bathtub to the other.
Hosky exists as a parody whose founder openly aims for zero, and as a Libertarian he does not care if people play meme coins for fun, but they should not confuse it with something world-changing.
Even Dogecoin's founder left thinking it could not gain utility, and it survives only as the plaything of the world's richest man, unlike a chain with real derivative value.
Contrasts meme coins with Cardano's on-chain government, smart-contract stack, and 1.4 million users over seven years, a spine for rebuilding society's social fabric that a Waldo token can never be.
Insists that when he tweets about a meme coin it is not an endorsement, refuses to pump anyone's bags, and demands people take accountability rather than blaming him when they get burned.
Compares himself to Vint Cerf, who created the platform for data packets but is not responsible for how the internet is used, granting meme coins bring volume and stress-test DEXes for builders while most consumers lose everything.
Compares meme coins to loot boxes and League of Legends skins you knowingly never recoup, saying that is fine as a lottery but the only people who win the game are the scammers.
Calls it the profane unaccountability of social media, a medium where everyone is a victim who punches hard then cries when counter-punched, saying people call him a fat creepy weirdo daily but would never say it to his face.
Cites Jeff Bezos telling the Washington Post to be perceived as truthful and stop endorsing candidates, which cost 250,000 subscriptions as people panicked and cancelled over a billionaire not backing their politics.
Mocks the reaction that because he has conservative underpinnings he must be a Nazi, saying people write off a person's competence, hopes, and humanity over a single issue disagreement, as madness inculcates society.
COVID and years of toxic political dialogue, an unreasonable SEC, and rug pull after rug pull make everyone want a reset, but blaming everyone else is a cop-out since everyone contributes to the problem.
Accepts that as a public figure people will forever attack his character and appearance while he must not punch back, and that critics like Coffeezilla will write books burning him down, a consequence of choosing the public arena.
Admits he is overweight not from being an undisciplined slob but from traveling 200 to 300 days a year with irregular sleep and high stress, and that social media stretches out people's worst aspects.
Lists the real existential threats being ignored, potential nuclear war with Russia, a China-Taiwan World War III, dollar collapse, and civil war, while discourse fixates on a Puerto Rico joke and Biden calling Republicans trash.
Algorithms reward only outrage, and meme coins epitomize it in crypto, while real depth exists in Cardano, Ethereum, and Bitcoin with thousands of research papers that a surface culture prevents people from exploring.
People are too fractured and traumatized to go deep, judging an entire human being from a tweet and calling them evil criminals over politics they do not even understand, citing his own briefed concerns about DoD directive 5240.
Caring about health after opening his 10,000-patient clinic showed him most patients over 50 struggle with chronic ailments, and retired doctors confirm people were far healthier 50 years ago.
Blames processed cereals of thousands of chemicals, high-fructose corn syrup, dyes banned in Europe, and seed oils once used as engine lubricants for the health collapse, and says anyone who says so is branded a conspiracy theorist.
Social media and algorithms control what you think by feeding you others' thoughts, whereas crypto's foundational premise is personal accountability, being your own bank and controlling your own keys.
Argues self-custody is antithetical to the powers that be, because a person in charge of their own money may take charge of their information, diet, and health, and asks how many listeners truly read a book in November 2024.
Recommends Mortimer Adler's How to Read a Book and syntopical understanding over Blinkist summaries, warning that the candy of social media makes people crazier and less healthy in a societal death spiral.
Urges listeners to turn off devices and sit alone with their thoughts for ten minutes, then use that time to go deep on one thing like gardening, habitualizing self-improvement to form opinions that are truly their own.
A true crypto user can take accountability and be self-sovereign, and that the space is a war for the heart and mind of the human race in a narrow 21st-century window over who is in charge.
Warns social media is not a government cabal but an emergent id of everyone, a seductive dopamine creature that keeps people outraged while real power runs the show, and that crypto is succumbing worst of all by handing the keys to BlackRock and centralized actors.