Intentions and Higher Purpose
Where we’re coming from and where we’re going
Time to Believe in something.
Welcome to the bull market, and quite possibly the supercycle. The institutions are here, buying our bags. We’re headed back to a zero interest rate world, welcoming back the most bullish president-elect ever and seeing kimchi premium in the negatives. These are the conditions we dream of - new paradigm vibes. This time, we’re not just fleecing retail, global institutions have bought into our crazy game.
tldr: It’s time to stop jeeting and Believe in something.
To which one may ask, how does one adjust from the pumpfun rug and jeet culture we adopted during the chop into riding our longs forever? When we're conditioned to be in Mumbai, its a dog eat dog world and we’re jeeting all over each other. However, the era of Abundance has come upon us, it is now Us vs the world - from Mumbai to Dubai. It’s time to leave the hells of pumpfun and jeetery behind and enter the 5th dimensional heavenly realm of UpOnly.
Early bitcoiners had a belief system - they were cypherpunks looking to create decentralized money outside of government control. This is why bitcoin continues to be the strongest “meme” today, it is powered by a purpose - to be the most decentralized network state on the planet and every day, this reality becomes stronger. Bitcoin may be technically special with the invention of the blockchain, but it’s real power comes from the collective hallucination of its early adopters - who believed so hard in its potential and technology, that they memed it into the global collective consciousness. From a small digital corner on the internet to being adopted by nation state governments - this feat was possible with the power of belief, intention and manifestation.
In the timeframe of Bitcoin’s birth until now, many shitcoins have been spawned to try and usurp its role, leeching vast wealth off the back of bitcoin by attracting speculators to bet on these fly-by-night meaningless projects as a quick path to riches. Meanwhile, Bitcoin continues to honey-badger on, to global awareness, proliferation and adoption.
In 2017, thousands of projects with grand ambitions appeared, promising utility that would change the world - attracting wide eyed believers, who were aligned with the purpose - and as a result, it delivered the greatest returns ever seen in the history of financial markets within a short period of time. Believers who held for months made multiple hundred Xs and beyond… until the bubble corrected and the value of their holdings went down 99% or more. Those who were burnt would not trust vaporous projects with grand ambitions again - as very few of these ICOs came out with working products.
2020 came around - and a global pandemic broke out, forcing the fed’s hand to unleash the greatest amount of capital ever seen in a short period of time onto the markets to “defend the economy”. This was used for speculation of course - except this time it was on tokens with proven utility (enter DeFi Summer), working applications that users could use. The promises were less ambitious than a decentralized global computing system but they worked - even though they were clearly ponzified financial games. We went all in because we believed this was the stepping stone to more innovative products. But at the end of the cycle, it turned out it was all just a big Ponzi, crashing out with one of the biggest exchanges being fraudulent scams, the fastest horse (Luna) unraveling tens of billion dollars of market cap in a day, and because literally every innovation in DeFi was some sort of ever-increasing ponzified yield extractor. It was all just a dream.
After these two traumatic experiences, most crypto-native survivors have seen through the veil of deceit. Now, we understand the game - it was all a fugazi. We’ve been ran through multiples and we are no longer young and naive. If we’re going to continue to speculate, we’re going to bet on the most meaningless, simple projects there is because we’ve become full-on nihilists on the state of crypto. The early bitcoiners, ether maxis all checked out after becoming wealthy. There was no more point to believe their lies - we were just going to bet on memes because they’re transparent for what they are, leading to where we are today: the most degenerate and meaningless coins being pumped to high heavens out in the open.
But - knowing you’re investing in dogshit because it pumps, how can you hold dogshit to multiple 100xs and beyond, knowing its dogshit? Only those with the lowest IQs on the planet can do this.
Instead, as a midcurver and above, why not choose to bid and hold the coins that are part of something bigger than just your short-term PnL? Perhaps, like Vitalik said, memecoins with a purpose? Why don’t you choose wealth and comfiness? When you adopt a vision in a coin that has a purpose with higher intentions, you start to vibrate at a higher frequency, attracting abundance and the blessings of the universe, who seek to serve your interests.
I find crypto PTSD and trauma of the past to be best healed by alternative therapies - such as Ayahuasca (and other psychedelic medicine). It allows you to wake up from the lower animal mind into a higher state of being. Being an profitable trading autist who lives in a state of PvP isn’t something to be worshipped - it limits one’s creativity and beliefs, they’re just slaves to the machine. The path to wealth is one of many ways, but the journey is more important than the destination - so choose to be a believer.
Maybe, it’s time for crypto traders to fade the sociopathic trader autists who post mind-numbing short term PnL on random pumps of the day and learn to believe and dream again. The purpose is to bet on something that you’re aligned with consciously - not to extract bits and pieces from each coin of the day. You’re never leaving crypto twitter anyway, might as well enjoy your time here.
When I was in the monastery, practicing zen, I was given just three instructions in my meditations: Ferocious Effort, Unrelenting Doubt, and Boundless Faith. The last instruction is applicable to crypto. When you have Boundless Faith in an asset that you’re aligned with - these short term price fluctuations can’t shake you out of your beliefs.
My message is to find coins with higher intentions and meaning that you can connect with on a conscious level and align with your values. You will be renewed with a sense of purpose holding ones that can not only change your life, but have a material impact on the world by existing. Good actions beget good results - Bitcoin helped usher in a new global monetary revolution by the power of collective beliefs and manifestation.
It’s time to find a refuge - the comfy hold that is meant to benefit not just financially, but socially as well.
Banger
Great read brother