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I feel like I'm a crazy person, but I'm starting to believe the conspiracy of tech billionaires trying to dismantle the government to create network states. I'm almost certain they will gut the SEC eventually as well, so they can deregulate cryptocurrency. This was a summary I've recently read: Day One of Venture Capital Takeover.
Everyone should google Network States and the cities these VC billionaires are trying to create. Stuff like Próspera, Pronomos Capital, Praxis Nation, Bitcoin City in El Salvador, Afropolitan in Africa etc. etc. The same website has long page on it: The Status of the Network State. They are essentially creating sovereign states or cities that aren't beholden to any local government laws and use their own deregulated cryptocurrencies, so that they can control all the rules and power within.
I have no idea how trustworthy the site I linked is, but I can't see what they would gain from lying about it
I've been around the internet for a long time.
I've seen the horrors rotten.com offered.
I've watched American prisoners being beheaded.
I've seen American soldiers being raped.
I've watched the hanging of Saddam.
I've seen people jumping out of the trade towers.
I've seen...I've seen some truly horrific -- terrible shit in my lifetime. shit that's made my stomach churn and realize what kind of evil exists in this world.
but this...today...is just too much for me.
I think I'm going to go lay down for a few days....
Both Peter Thiel and Musk are incredibly dangerous to America's democracy. Here's another choice quote from the site:
Let's not forget about JD Vance, the current Vice President, who after a talk Thiel did at Yale Law School, described it as “the most significant moment of my time” at the institution. He later went on to be mentored by Thiel and joined one of his VC companies. He also received about $15 million dollars in donation from Thiel for his Senate campaign in 2022 which was ultimately successful. This was the largest amount donated to a single Senate candidate ever. Forbes published a good timeline of Thiel and Vance's relationship last year.
Bitcoin City in El Salvador will never happen now, because they no longer have it as legal tender.
https://ticotimes.net/2025/02/02/el-salvador-abandons-bitcoin-as-legal-tender-after-failed-experiment
That's hopeful to hear, but just reading the article, two things stand out:
They are just removing it as "legal tender" to meet the conditions for an IMF loan and will continue investing in bitcoin.