Think your 401k is doing badly? Take a look at the crypto space. "Stablecoin" LUNA alone just lost 99% of its value with the snap of a finger. More stablecoins are likely to follow it to the grave. The subreddits are full of suicide posts and stickied threads with suicide hotline numbers.
But the mayhem we are now witnessing in the crypto space is but a taste of what must come.
Because I have been studying what goes on in the deep webs where young white males are gathering. And I've been sounding the alarm since 2014, that fateful year of global gamer campaign GamerGate which tried to purge women and other marginalized folks from gaming. The campaign that targeted prominent female gamers and journalists like Zoë Quinn, and yes, myself.
Disillusioned young white males will lose everything in the coming death throes of crypto. And I am telling you now that they will all turn to fascism – not socialism – as they look for someone to blame.
I have seen the alt-right pipelines operate. This is it, and it's going to be apocalyptic.
1/ I am convinced the disillusioned young men that will lose everything in the upcoming cryptocrash will turn to fascism, not socialism, as they look for someone to blame.
To them, crypto is a way out of the American trap of nonexistent wages for a generation.
— Brianna Wu (@BriannaWu) May 13, 2022
To white males, crypto was a way out of the American trap of nonexistent wages for a generation. And why wouldn't they see it that way? They had the privilege to get in on the ground floor of the digital coin phenomenon, and saw their hypothetical net worth rise by tens of thousands of percent.
Even $20 worth of doggycoin bought in the year of GamerGate could be traded for an upscale home at the height of Elon Musk fever, when the joke cryptocurrency hit upward of $0.7.
Ah, Elon Musk. Musk bros. This is all connected. The meme culture, the in-jokes, the worship of memetic strongmen. And these are all the same people. White males – GamerGate – crypto bros – MAGAts – alt-right – Elon bros – BAYC NFTs with literal SS totenkopf symbols. Are you starting to understand?
To a generation of these undersocialized white boys, crypto isn't just the best investment they ever made. It's how they make sense of the world. Read around in the crypto space and you'll get treatises about how crypto is going to solve everything, and be their everything. They thought crypto would free them from the old systems of money and power – now finally getting some much needed diversity – and create whole new ones, dominated by an even more glaringly white cadre.
So, you see. The bloodbath when it all inevitably comes crashing down and crushes their entire worldview will rival the rise of the Third Reich.
These boys are not going to join a union in response. Here's what will happen.
They'll blame the death of crypto, at first, on media. Crypto never got a fair shake, they'll say – just like the poor white males. Then they'll blame it on strong women activists like me who pointed out how crypto was a scam all along.
3/ They’ll blame it on media. They’ll blame it on banks run by you know who. They’ll blame it on people like me that pointed out how it was a scam.
And they will support anyone that taps into that anger and promises them the status they feel entitled to.
— Brianna Wu (@BriannaWu) May 13, 2022
They'll even blame it on Blacks and Asians for having sex with all the precious white girls who they feel entitled to lay their pasty paws on.
And finally, they'll blame it on banks – run by you-know-who. This is the final piece in the jigsaw puzzle.
They'll go full fascist, and they will support anyone who taps into the cryptobro anger – with all that this entails. You thought the movie The Purge was bad?
Pure hell will rule Earth.
It is coming. The inflection point – I call it Finflection Point X – will be when crypto is crashing but suicide threads on reddit are diminishing and turning to anger instead.
I hope you have an attic. Soon we may all have to hide the Jewish people, again.