The AI and bit-coin shenanigans of the DC clown car brings everything out into the light of day.The Doge and his famous palace were both situated in Venice, where they ruled for a thousand years. Life appointment to the position placed the Doge (Duke) of Venice at the top of an official oligarchy that ruled Venice from 800 to 1800. Our ladder-day merchants are mounting plans to extract much more than a pound of flesh from the dupes they rule.
Crypto-currency is the death knell of Kapitol. All is hidden in plain sites that can be instantly extracted by quantum tunnelling. Crypts are generally located beneath churches–holy spaces emptied of significance. Wisely, the Doges of Washington have given up on currency, as they dream of flashbacks to the fifties and the earlier origins of fascism. Crypts simply offer them a convenient dodge, time-tested by their drug dealer, gunrunner, big pharma and gangbanger friends. After all, Switzerland won’t hide your assets anymore.
Not to be redundant again, but artificial intelligence is a hallucination. Supposed intelligence is already artifice. It is a representation of what once congealed into a simulacrum of sensory inputs re-interpreted into a sequence of zeroes and ones. True intelligence qua knowledge requires a reality that isn’t possible in our wash of particle waves that only conform to a set of probabilities. Although matter makes up a hefty 5% of the recognized universe, matter itself is not concrete. It is only a system of faster or slower transactions negotiated on the surface of things.
Capital is attractive to us and our experience due to its liquidity. It must move. Any place it alights must grow (move) in order to restrain its migration. Today’s crash in the valuation of Nvidia due to a validation of superior performance by the marginally capitalized DeepSeek startup underscores the vulnerability of any tech-vestment. Crypto-currency is the vain hope of one-percenters to “take it with them”. It’s a fancy sarcophagus gilded and illustrated by delusional MAGApies to live in their inverted world. It may be gilt by association, but “all that glisters is not gold”.
One can only invest in the appearance of value, not in value itself. Representation is just the instantiation of a simulacrum that is the product of our clumsy senses and fevered recall. The quantum computer is the only tech worthy of investment, though it may be unattainable. If it succeeds in allowing Achilles to capture the hare, then all bets are off. But IMHO AI can’t capture the hare as it uses classical computing which is iterative by nature. That it can be self-taught and throw a wide net while powered by muscular processors and clever coolers does not give it either imaginative artifice or special access to purported intelligence. It appears to be a brute force exercise by the Silicon Wall knuckle-draggers to continue in the misappropriation of fiscal and media attention. Wasn’t the myth of superior firepower debunked yet again by Vietnam and Afghanistan? The $500 billion for AI is the first cigar in the mouth of the DC clown car and their new silly-con boosters. That it exploded days later with a $589 billion DeepSeek drop for their Nvidia darling delivered on their promise of entertainment. Heh, heh.