TLDR thinks everything, like wars, is planned and managed by transactional capital. I still like his framing about the FIC MIC and TIC (financial, military, and technical industrial complexes) but overall way too blackpilled, especially about Bitcoin. Even though big OG.
Ah man, sounds tiresome. I'm gonna avoid.
I only watch/listen to Bitcoin content from devs and entrepreneurs in the ecosystem nowadays. And only if it's about Bitcoin.
Kinda realized most Bitcoin folks are way off base when it comes to politics, law and economics.
There is a slide in that framing: from capital shapes outcomes to capital writes the rules, and those are different claims. Bitcoin issuance and validation are not for sale. No amount of buying changes the halving schedule or makes an invalid block valid. What capital did capture is the perimeter: custodians, ETF wrappers, a handful of mining pools. A fund can hold a million coins and still cannot vote on consensus. Where the blackpill is right is direction of travel. Most new users meet Bitcoin through a custodian, so the asset spreads while the property claim stays with a third party. Real capture, just not the one that framing describes.