pahueg on Nostr: ๐ง๐ต๐ฒ ๐๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐ ๐๐ฟ๐ฑ๐ฒ๐ฟ ๐ผ๐ณ ...
๐ง๐ต๐ฒ ๐๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐ ๐๐ฟ๐ฑ๐ฒ๐ฟ ๐ผ๐ณ ๐๐ผ๐ฑ โ ๐ฎ๐ ๐ฝ๐ฟ๐ฒ๐๐ฎ๐น๐ฒ๐ป๐ ๐ฎ๐ ๐ฒ๐๐ฒ๐ฟ
By now, youโve likely heard about Pump.funโs notorious live-streaming feature, which spiraled out of control and showcased some of humanity's worst behavior before being banned now.
Or perhaps youโve come across the story of the infamous banana duct-taped to a wall, originally priced at $120,000, which recently sold as a piece of art for an astonishing $6.2 million. The buyer? None other than His Excellency, Liberlandโs Prime Minister, Justin Sun.
So, in the midst of this bull run you are questioning โourโ industryโs assumptions again. ๐ช๐ต๐? ๐ช๐ต๐ ๐ถ๐ ๐๐ต๐ถ๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ถ๐ป๐ด?
Well, let me tell you why all of this is happening by turning to the chad philosopher himself, Friedrich Nietzsche!
In 1882, the German philosopher famously declared, โGod is dead!โ This bold assertion captured the spirit of an era that would shape the 20th century and beyond. God, a symbol of truth and stability that grounded humanity's moral values, was now absent. The God of the Bible, who declared, โI am the Lord, and I change not,โ was pronounced dead by those he created. In The Gay Science (1882), Nietzsche elaborated:
โ๐โ๐๐กโ๐๐ ๐๐ ๐บ๐๐? [...] ๐ผ ๐ค๐๐๐ ๐ก๐๐๐ ๐ฆ๐๐ข! ๐๐ โ๐๐ฃ๐ ๐๐๐๐๐๐ โ๐๐ โ ๐ฆ๐๐ข ๐๐๐ ๐ผ! ๐ด๐๐ ๐๐ ๐ข๐ ๐๐๐ โ๐๐ ๐๐ข๐๐๐๐๐๐๐ !โ
The rise of science and reason ushered in a climate of relentless questioning, overturning beliefs that had been accepted for centuries. Western society, deeply rooted in Judeo-Christian principles, found itself shaken. As scientists proposed new theories about life, even the existence of God came under scrutiny. This shift had profound implications: without God, absolute truth seemed to vanish as well.
Through Nietzscheโs lens, the events of 1971, when national currencies were severed from the gold standard, appear as a logical extension of this worldview. Nietzsche observed that without God, humanity loses its anchorโa fixed measure of truthโand drifts aimlessly, lacking a compass. He vividly described this disorientation:
โ๐ต๐ข๐ก โ๐๐ค โ๐๐ฃ๐ ๐ค๐ ๐๐๐๐ ๐กโ๐๐ ? ๐ป๐๐ค ๐ค๐๐๐ ๐ค๐ ๐๐๐๐ ๐ก๐ ๐๐๐๐๐ ๐ข๐ ๐กโ๐ ๐ ๐๐๐ ? ๐โ๐ ๐๐๐ฃ๐ ๐ข๐ ๐กโ๐ ๐ ๐๐๐๐๐ ๐ก๐ ๐ค๐๐๐ ๐๐ค๐๐ฆ ๐กโ๐ ๐๐๐ก๐๐๐ โ๐๐๐๐ง๐๐? ๐โ๐๐ก ๐๐๐ ๐ค๐ ๐๐ ๐คโ๐๐ ๐ค๐ ๐ข๐๐โ๐๐๐๐๐ ๐กโ๐ ๐๐๐๐กโ ๐๐๐๐ ๐๐ก๐ ๐ ๐ข๐? ๐โ๐๐กโ๐๐ ๐๐ ๐๐ก ๐๐๐ฃ๐๐๐ ๐๐๐ค? ๐โ๐๐กโ๐๐ ๐๐๐ ๐ค๐ ๐๐๐ฃ๐๐๐ ๐๐๐ค? ๐ด๐ค๐๐ฆ ๐๐๐๐ ๐๐๐ ๐ ๐ข๐๐ ? ๐ด๐๐ ๐ค๐ ๐๐๐ก ๐๐๐๐๐๐ก๐ข๐๐๐๐ฆ ๐๐๐๐๐๐๐? ๐ต๐๐๐๐ค๐๐๐๐ , ๐ ๐๐๐๐ค๐๐๐, ๐๐๐๐ค๐๐๐, ๐๐ ๐๐๐ ๐๐๐๐๐๐ก๐๐๐๐ ? ๐ผ๐ ๐กโ๐๐๐ ๐๐๐ฆ ๐ข๐ ๐๐ ๐๐๐ค๐ ๐๐๐๐ก? ๐ด๐๐ ๐ค๐ ๐๐๐ก ๐ ๐ก๐๐๐ฆ๐๐๐ ๐๐ ๐กโ๐๐ข๐โ ๐กโ๐๐๐ข๐โ ๐๐๐๐๐๐๐ก๐ ๐๐๐กโ๐๐๐?โ
Unshackling currency from gold mirrored this philosophical "murder of God." Once God was removed as the arbiter of spiritual truth, it was perhaps inevitable that the economic realm would follow suit. Without a single, immutable source of value in life, why should there be one in money? Why should society remain bound by goldโa metal beyond human manipulationโwhen it could instead create money over which it held complete control?
Nietzsche foresaw the profound consequences of such upheaval:
โ๐ป๐๐ค ๐ โ๐๐๐ ๐ค๐ ๐๐๐๐๐๐๐ก ๐๐ข๐๐ ๐๐๐ฃ๐๐ , ๐กโ๐ ๐๐ข๐๐๐๐๐๐๐ ๐๐ ๐๐ข๐๐๐๐๐๐๐ ? [...] ๐โ๐๐ก ๐๐๐ ๐ก๐๐ฃ๐๐๐ ๐๐ ๐๐ก๐๐๐๐๐๐๐ก, ๐คโ๐๐ก ๐ ๐๐๐๐๐ ๐๐๐๐๐ ๐ โ๐๐๐ ๐ค๐ โ๐๐ฃ๐ ๐ก๐ ๐๐๐ฃ๐๐๐ก? ๐ผ๐ ๐๐๐ก ๐กโ๐ ๐๐๐๐๐ก๐๐๐ ๐ ๐๐ ๐กโ๐๐ ๐๐๐๐ ๐ก๐๐ ๐๐๐๐๐ก ๐๐๐ ๐ข๐ ? ๐๐ข๐ ๐ก ๐ค๐ ๐๐ข๐๐ ๐๐๐ฃ๐๐ ๐๐๐ก ๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐ฆ ๐ก๐ ๐๐๐๐๐๐ ๐ค๐๐๐กโ๐ฆ ๐๐ ๐๐ก?โ
By abandoning gold as the foundation of monetary value, the financial system lost its anchor to any stable truth, committing the economic death of go(l)d.
Currency, now unmoored from gold, moves in every directionโbackward, sideways, forwardโleaving us uncertain of its trajectory. In this post-gold era, we are left to grapple with the consequences of a system adrift, mirroring the philosophical turmoil Nietzsche so prophetically described.
By now, youโve likely heard about Pump.funโs notorious live-streaming feature, which spiraled out of control and showcased some of humanity's worst behavior before being banned now.
Or perhaps youโve come across the story of the infamous banana duct-taped to a wall, originally priced at $120,000, which recently sold as a piece of art for an astonishing $6.2 million. The buyer? None other than His Excellency, Liberlandโs Prime Minister, Justin Sun.
So, in the midst of this bull run you are questioning โourโ industryโs assumptions again. ๐ช๐ต๐? ๐ช๐ต๐ ๐ถ๐ ๐๐ต๐ถ๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ถ๐ป๐ด?
Well, let me tell you why all of this is happening by turning to the chad philosopher himself, Friedrich Nietzsche!
In 1882, the German philosopher famously declared, โGod is dead!โ This bold assertion captured the spirit of an era that would shape the 20th century and beyond. God, a symbol of truth and stability that grounded humanity's moral values, was now absent. The God of the Bible, who declared, โI am the Lord, and I change not,โ was pronounced dead by those he created. In The Gay Science (1882), Nietzsche elaborated:
โ๐โ๐๐กโ๐๐ ๐๐ ๐บ๐๐? [...] ๐ผ ๐ค๐๐๐ ๐ก๐๐๐ ๐ฆ๐๐ข! ๐๐ โ๐๐ฃ๐ ๐๐๐๐๐๐ โ๐๐ โ ๐ฆ๐๐ข ๐๐๐ ๐ผ! ๐ด๐๐ ๐๐ ๐ข๐ ๐๐๐ โ๐๐ ๐๐ข๐๐๐๐๐๐๐ !โ
The rise of science and reason ushered in a climate of relentless questioning, overturning beliefs that had been accepted for centuries. Western society, deeply rooted in Judeo-Christian principles, found itself shaken. As scientists proposed new theories about life, even the existence of God came under scrutiny. This shift had profound implications: without God, absolute truth seemed to vanish as well.
Through Nietzscheโs lens, the events of 1971, when national currencies were severed from the gold standard, appear as a logical extension of this worldview. Nietzsche observed that without God, humanity loses its anchorโa fixed measure of truthโand drifts aimlessly, lacking a compass. He vividly described this disorientation:
โ๐ต๐ข๐ก โ๐๐ค โ๐๐ฃ๐ ๐ค๐ ๐๐๐๐ ๐กโ๐๐ ? ๐ป๐๐ค ๐ค๐๐๐ ๐ค๐ ๐๐๐๐ ๐ก๐ ๐๐๐๐๐ ๐ข๐ ๐กโ๐ ๐ ๐๐๐ ? ๐โ๐ ๐๐๐ฃ๐ ๐ข๐ ๐กโ๐ ๐ ๐๐๐๐๐ ๐ก๐ ๐ค๐๐๐ ๐๐ค๐๐ฆ ๐กโ๐ ๐๐๐ก๐๐๐ โ๐๐๐๐ง๐๐? ๐โ๐๐ก ๐๐๐ ๐ค๐ ๐๐ ๐คโ๐๐ ๐ค๐ ๐ข๐๐โ๐๐๐๐๐ ๐กโ๐ ๐๐๐๐กโ ๐๐๐๐ ๐๐ก๐ ๐ ๐ข๐? ๐โ๐๐กโ๐๐ ๐๐ ๐๐ก ๐๐๐ฃ๐๐๐ ๐๐๐ค? ๐โ๐๐กโ๐๐ ๐๐๐ ๐ค๐ ๐๐๐ฃ๐๐๐ ๐๐๐ค? ๐ด๐ค๐๐ฆ ๐๐๐๐ ๐๐๐ ๐ ๐ข๐๐ ? ๐ด๐๐ ๐ค๐ ๐๐๐ก ๐๐๐๐๐๐ก๐ข๐๐๐๐ฆ ๐๐๐๐๐๐๐? ๐ต๐๐๐๐ค๐๐๐๐ , ๐ ๐๐๐๐ค๐๐๐, ๐๐๐๐ค๐๐๐, ๐๐ ๐๐๐ ๐๐๐๐๐๐ก๐๐๐๐ ? ๐ผ๐ ๐กโ๐๐๐ ๐๐๐ฆ ๐ข๐ ๐๐ ๐๐๐ค๐ ๐๐๐๐ก? ๐ด๐๐ ๐ค๐ ๐๐๐ก ๐ ๐ก๐๐๐ฆ๐๐๐ ๐๐ ๐กโ๐๐ข๐โ ๐กโ๐๐๐ข๐โ ๐๐๐๐๐๐๐ก๐ ๐๐๐กโ๐๐๐?โ
Unshackling currency from gold mirrored this philosophical "murder of God." Once God was removed as the arbiter of spiritual truth, it was perhaps inevitable that the economic realm would follow suit. Without a single, immutable source of value in life, why should there be one in money? Why should society remain bound by goldโa metal beyond human manipulationโwhen it could instead create money over which it held complete control?
Nietzsche foresaw the profound consequences of such upheaval:
โ๐ป๐๐ค ๐ โ๐๐๐ ๐ค๐ ๐๐๐๐๐๐๐ก ๐๐ข๐๐ ๐๐๐ฃ๐๐ , ๐กโ๐ ๐๐ข๐๐๐๐๐๐๐ ๐๐ ๐๐ข๐๐๐๐๐๐๐ ? [...] ๐โ๐๐ก ๐๐๐ ๐ก๐๐ฃ๐๐๐ ๐๐ ๐๐ก๐๐๐๐๐๐๐ก, ๐คโ๐๐ก ๐ ๐๐๐๐๐ ๐๐๐๐๐ ๐ โ๐๐๐ ๐ค๐ โ๐๐ฃ๐ ๐ก๐ ๐๐๐ฃ๐๐๐ก? ๐ผ๐ ๐๐๐ก ๐กโ๐ ๐๐๐๐๐ก๐๐๐ ๐ ๐๐ ๐กโ๐๐ ๐๐๐๐ ๐ก๐๐ ๐๐๐๐๐ก ๐๐๐ ๐ข๐ ? ๐๐ข๐ ๐ก ๐ค๐ ๐๐ข๐๐ ๐๐๐ฃ๐๐ ๐๐๐ก ๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐ฆ ๐ก๐ ๐๐๐๐๐๐ ๐ค๐๐๐กโ๐ฆ ๐๐ ๐๐ก?โ
By abandoning gold as the foundation of monetary value, the financial system lost its anchor to any stable truth, committing the economic death of go(l)d.
Currency, now unmoored from gold, moves in every directionโbackward, sideways, forwardโleaving us uncertain of its trajectory. In this post-gold era, we are left to grapple with the consequences of a system adrift, mirroring the philosophical turmoil Nietzsche so prophetically described.