> There's a sort of naive head in the sand acceptance or embracing of hype that pervades everything,
I don't think this is true. I think that people who are selling things generate hype for those things that they're selling, and our media not only depends on those sellers to pay for ads, but additionally is owned by people who are also invested in those things that are being sold.
I think this can easily be misinterpreted as everything being hyped up, rather than everything being designed to trick you into supporting things that benefit people who sell, whether they're politicians or toilet-brush sellers. This is happening because our politicians, toilet-brush sellers, and media are owned by the same people. They rely on you buying in, or at least not being able to organize or sustain an opposition. We've allowed the world to consolidate so much that separating sales and news is impossible. They're operating from the same address.
Main point: not everything is being hyped. Scams that benefit the people who own the media that hype spreads through are being hyped.
Journalists are human and as such also fall to the same pitfalls of most people. So they fawn over Apple, or Google or a new Show on Netflix --reflexively. There are some who do do in-depth analysis and some of those who do do analysis go overboard and go full-on post-modernist/intersectional on their subjects when all we want is a skeptical and more or less objective approach to reporting. We don't want "narrative" and storytelling --that's for longform writing.
> > There's a sort of naive head in the sand acceptance or embracing of hype that pervades everything,
Speak for yourself, I was saying this guy was going to end up in black site prison in the Summer of '22 as CONbase was looking like it was going to be insolvent, SBF's meddling in the US political system just underscores the MO of the well-heeled of SV, VC and political circles. In many ways this represents what that class does in any ecosystem: it does it in the stock market, the energy market, pharmaceutical drugs, Ag seed IP etc... it's all just a means to an end.
Why weren't we having this conversation with memestocks and it's blatant collusion between the hedge fund World and regulators and even the Stock Market itself when it pulled the plug as it suffered too many one day loses? It almost makes me think this was intentional, a sort of deliberate narrative to push to ignore the blatant level of grift that is wide-spread in this economic system. The only question is cui bono?
> Main point: not everything is being hyped. Scams that benefit the people who own the media that hype spreads through are being hyped.
Yield farming was hyped in every conceivable manner, and it was HEAVILY resisted in the Bitcoin community because we had seen some variation of this before; Celcius and 3 arrows were also pushing this scam and were equally vilified at that time for the scam that they were, in fact when someone explained to me what Caradano was I felt it was just another MLM playing out in token form. I initially tried to talk people out, but I've been around long enough to know that getting burned is what it often takes for people to learn why this tech was invented in the first place.
People won't listen when everyone is getting paid as it feeds off of some basic Human urges: greed. It isn't until it all comes crashing down that people who once hailed as genius by the media or VC World in SV, likely paid to do so, are seen for the scammers that they are.
> This is happening because our politicians, toilet-brush sellers, and media are owned by the same people. They rely on you buying in, or at least not being able to organize or sustain an opposition. We've allowed the world to consolidate so much that separating sales and news is impossible. They're operating from the same address.
Well said, I highly recommend this series on the Murdoch's [0], I wasn't aware of how far Rupert's reach was in some key events in History (Berlin Wall, early 2000s Hong Kong) in order to sell a specific narrative, and I only vaguely recall how sensationalist his programming like 'A Current Affair' was at creating Fake News for sensationalism that drove sales.
Hell, it even seems like what Elon is doing at Twitter is exactly a page out of Murdoch's book with a paper he bought in the UK.
I don't think this is true. I think that people who are selling things generate hype for those things that they're selling, and our media not only depends on those sellers to pay for ads, but additionally is owned by people who are also invested in those things that are being sold.
I think this can easily be misinterpreted as everything being hyped up, rather than everything being designed to trick you into supporting things that benefit people who sell, whether they're politicians or toilet-brush sellers. This is happening because our politicians, toilet-brush sellers, and media are owned by the same people. They rely on you buying in, or at least not being able to organize or sustain an opposition. We've allowed the world to consolidate so much that separating sales and news is impossible. They're operating from the same address.
Main point: not everything is being hyped. Scams that benefit the people who own the media that hype spreads through are being hyped.