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Table of Contents
Racism Meta and the Old Internet
BoJ Updates
BoJ Rate Hike
End of Yield Curve Control
FOMC Meeting
Crypto Macro
Price Action
BRC-20 Airdrops
Conclusion
Internal References
1. Racism Meta and the Old Internet
If you were on the internet before 2015, it’s quite likely that you are from somewhere on the internet. What I mean by this is that before social media took over the concept of a public square, the internet was a fragmented place. Certain parts of the internet had louder or distinct voices. The concept of “raiding” another website or social media still made sense at the time because a 4chan user was foreign to tumblr and did not speak the local language.
Where you were from on the internet impacted how you spoke, the jokes you made, the memes you understood and the ones that went over your head. Forums on hobby websites became a home base for some users to the point where they will still look for and try to find these places. Even if the locations still exist, the people that made them what they were are no longer there.
Many other forums and “3rd places” online became home bases for millennials like myself. The formative time from 2004-2015 was when people who are “from the internet” became fluent in it. If you joined online communities after 2015, you’re a very different type of person and your affinity is likely to a social media site like Instagram, Reddit, Twitter, etc. and not an actual website.
This phenomenon isn’t often talked about, I think it’s because nobody remembers it happened. In 2015 on 4chan there was a discussion that coalesced over several months about spreading to social media and poasting in view of the public instead of for anons. 4chan was not the only group that did this. Twitter became what it was because several distinct internet communities decided to move to Twitter and because they did this, they created a magnet for other users to similarly abandon their communities to go to Twitter as well. It’s not much of a surprise that Crypto Twitter arose around 2017, many of these users were anons from the 4chan /biz/ board.
If you happen to be from somewhere else on the internet, you may remember your forums dying and users beginning to coalesce around social media platforms during this time. At this point, much of the internet lost its provinciality, and the uniqueness that made users identifiable was lost with it. Much of Gen Z lacks an internet identity because of this, and are incapable of truly being anything other than themselves on the internet. This is why the "front-facing camera video rant in car” genre of video is so popular among the digital homeless (both the old and young). For them, the internet is a place they carry with them in their pocket, for us, the internet is a heavy desktop computer (like the one I am on right now) that resides in a single location within the home. For a millennial who grew up on this, the internet is a portal to a new place, for Gen-Z it is a portable panopticon. We view the internet, and subsequently, the internet is viewing Gen-Z.
This may seem like I am dogging on Gen-Z. I am not, they’re simply growing up in a different time and using the technology as it exists. You should never abandon the present to chase past ideals, it is unbecoming behavior and often leads to regret. We had our time and it made us a certain way, they are having their time now and will become a different way.
It is important that you understand the concept of Internet Origin because there are still people on the internet who speak with the accent of the place they are from. You may not find this much of a surprise, but I am from 4chan. More specifically, from an offshoot of it that existed from 2010-2014 called 4chon.net. It was my home from 2011 to its deletion in 2014. It was created because at the time in 2011, 4chan’s admin wanted to make more ad revenue and so deleted several boards (/r9k/ - my home, /new/ - politics board), so 4chon created space for us and maybe 5,000-10,000 regular posters permanently moved there as well. R9k was just a fun board to socialize on and torment each other with memes, we had movie nights and video chats, it was fun, I had a great time. /New/ was essentially people role-playing as Nazi’s but they were all hispanic, half-korean, or self-hating gays. They were a funny bunch and once you accepted that they used slurs in the pejorative sense you realized that they were just regular people too and we learned to speak/tolerate their language.
I say this because every 4channer from its heyday (2007-2014) learned how to do this. To be clear, 4channers spoke to each other in a manner not far off from how mainstream media spoke at the time. We forget what language was like in the late 2010s, but we were fairly crass at that time. Nothing was off-limits on 4chan. You weren’t a new user, you were a newfag. If you’d been around for a while, you were an oldfag. If you constantly gave people home chemistry tips they’d start calling you chemfag. Everything was blamed on jews or blacks in much the same way that the weatherman references El Nino.
This was “the language of the oppressed,” so to speak. Whether the rest of the world wants to admit it or not, 4channers are still extremely influential in this space, and many of us are still very much at the front of the internet. Even if we no longer exist in our containment zone on 4chan and are less readily identifiable, you can still spot us if you know what we sound like.
Lately, some of my brothers have been active on Solana, a chain we’ve spoken about before many times on here. Its main draw is that it is very cheap and it also could be said to have been the catalyst that kick-started the current market outside of just a BTC run. Users can spin up their own tokens for very cheap and we’ve seen many meme coins this season go on eye-watering runs (with very little liquidity). Tokens like Dog Wif Hat (WIF), ZynCoin ($ZYN) and Jeo Boden have made a few people millionaires (on paper) overnight.
Memes run on an attention economy, and in order to capture attention, token creators got more and more extreme as they tried to capture people’s attention. Some of these token creators decided to speak in the language of 4chan.
Here’s a subtle example. See if you can spot the signs.
Meme coin season on Solana is getting closer to its inevitable end. I’m not invested in anything on Solana, I am just an observer who is laughing along with anyone else in the way that I learned to do while on 4chan. Most new meme coins last for maybe 12 hours at best and generally if you aren’t there for the start of a meme coin (and I mean the first 2 hours) then your chances of taking a loss are high.
You’ll note in the screenshot above that even buying into HIDLER 10 hours after it launched was far too late. Even though it was still up over 80,000% at this point it was going nowhere but back down to 0. I’m generally never going to give advice about meme coins because it’s impossible to give good advice. You have to be there literally at the start. If I somehow happen to be there at the start and then tell you; the amount of time it takes you to read the message, fund your wallet, and go buy the meme token is too long; it’s too late.
Anyways, after the meme tokens on Solana cycled through every variant of the N-word, they eventually got to the Jews.
Just like in all things, the Jewish Lobby is undefeated. After the successful launch of several Jewish-themed tokens this week, the ADL spoke up and urged the Solana Foundation to shut it down. DexScreener was even pressured to remove the names of hateful tokens from its site (just the Jewish ones, the black ones are fine apparently)
The Co-Founder of Solana even got into it after the ADL pressured them.
Before your noggin’ gets joggin’ and while your almonds are still activating, take a step back. This all very well might be unfortunate timing. Maybe all of these entities actually were speaking out about the black Solana meme tokens and happened to unfortunately speak up on the day after the Jewish meme tokens launched. It very well could be poor timing, or it could just be what it always is. The Jewish Lobby has always and will always be the strongest at defending its interests. In that sense, no one else matters to them.
I say all of this to point out that even though the actual 4chan site is a shell of itself and I’ve never really gone back at all since 2014 except on big news days (like Epsteins death), we’re still here. 4channers and the rest of the internet never died, we simply migrated. If you’re fond of metaphors, you can consider social media to be the American melting pot, and every other website to be the ancient homelands of Europe, Africa, and Asia. You can still spot us by our accents, our food, and the ways in which we dress, but we are slowly being integrated into the Digital Homeless Encampment of Gen-Z.
You will see us from time to time, and if you look hard enough you may come to recognize other corners of the internet in people as well. There once was a time when just about any hobby had a 100k member forum that was active online with its own insular community and culture. Those users still exist. They’re still people, maybe they have children, are married now, etc. but they’re still out there, and at the very least, they’re on social media.
If you’re old enough to have had a place on the internet, would you mind telling me where in the comments?
Mine are:
4chan/4chon
Club Lexus Forums
Realm of Excursion Forums
Car Audio.com Forums
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