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# The Root of All Evil
- URL: https://www.bramadams.dev/202301092340/
- Published: 2023-01-28T02:26:41.000Z
- Updated: 2023-01-28T02:26:41.000Z
- Author: Bram Adams
- Tags: economics, psychology

> The general theme of these findings is that the idea of **money primes individualism: a reluctance to be involved with others, to depend on others, or to accept demands from others**. ([Location 891](https://readwise.io/to%5Fkindle?action=open&asin=B00555X8OA&location=891&ref=bramadams.dev))

Whether you are a hippie with a killer business sense [202301092335](https://www.bramadams.dev/202301092335), or you are a libertarian crypto Maxie, money talks.

> **Crypto didn’t become the most important tech trend right now because it’s an individualistic, libertarian pyramid scheme that combines spectacle hype with mass YOLO/FOMO…. it’s because the US economy became an individualistic, libertarian pyramid scheme that combines spectacle hype with mass YOLO/FOMO.**  
> This poisonous winner-takes-all mentality is more poetically expressed by [Stephen Diehl](https://www.stephendiehl.com/blog/web3-bullshit.html?ref=bramadams.dev).  
> \> The shortcomings of the web3 narrative are easy to deconstruct from a technology perspective, but to play devil’s advocate — what does it succeed at? It’s very possible it truly is a paradigm shift in financial deregulation, and will **usher in a new anarcho-casino-capitalism world where every fourteen year old kid can launch a fly-by-night Ponzi scheme and pump it on social media all from the comfort and anonymity of their parent’s basement**. A hustlers’ paradise with a 24/7 non-stop casino built on a Cambrian explosion of slot machines, with each machine grown out of a different facet of human culture whose likeness has been co-opted to seduce you into gambling more. It’s the apotheosis of capitalism where the market now provides a financial token game for every meme, every celebrity, every political movement, and every bit of art and culture — with each tribe competing against each other in a war of all against all for the hyperfinancialization of all human existence. Is that the world we want to live in? ([View Highlight](https://webtwoboomer.com/web3-0-must-be-destroyed-57803329ee47?%5F%5FreadwiseLocation=0%2F0%2F155%2F1%2F0%2F2%2F1%2F0%2F0%2F0%2F0%2F1%2F0%2F1%2F0%2F0%2F3%2F0%2F0%3A0%2C0%2F0%2F157%2F1%2F0%2F2%2F1%2F0%2F0%2F0%2F0%2F1%2F0%2F1%2F0%2F0%2F3%2F0%2F0%3A1020&ref=bramadams.dev#:~:text=Crypto%20didn%E2%80%99t%20become%20the%20most%2Cwe%20want%20to%20live%20in%3F))