Redphone
@redphone
We're not entering a risk-on mania alone. We're entering an existential panic We stare into the maw of higher inflation while marching toward ASI and humanoid robots. AI is coming for our brainwork and robots are coming for our calloused-hand manual labor Mass layoffs (already over 100k in tech this year) could hit millions by 2026 While past manias were driven by greed and easy money, this rally will be altogether different. It could feature desperation Having financial upside to the AI economy becomes not just an investment, but a necessity to weather the economic transition. We'll need to stay exposed while simultaneously losing income Governments will be forced to print to subsidize job losses. Currency debasement meets mass unemployment Suddenly, college-educated professionals who took the straight and narrow face a crisis of identity. Trading may represent one of the easiest paths toward survival The same people who mocked crypto bros will be desperately trading shitcoins for rent money Moarđź”»
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Redphone
@redphone
So we're staring down: - desperation - debasement/inflation - widespread unemployment - potential transition to UBI - technological singularity Whether this happens in years or decades matters less than our perception of the coming change tldr: The next mania won't be driven by greed alone. Terror will share the driver's seat https://zora.co/coin/base:0x1c4ad95d8df4deaa615769897d2211b703487502
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sardius.eth
@sardius
we've become the mongols of the new millenia
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Kdaju
@kdjaru
Reading this my fear is for the next generation more than myself! I wonder what the world will be for gen beta and beyond! Interesting times and would be so weird to actually see the transition between these worlds of it happens in our lifetime!
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