Famous nihilist thinker Eugene Thacker, explaining the metaphorical nature of “mists” inside horror, writes, “The mist in these kind of tales isn’t solely itself vaguely materials and formless, however in lots of circumstances its origin and goals stay totally unknown to the human beings which can be its victims.”
So, as an alternative of trying break down all the strange facets of GameStopGate, let’s simply simplify issues by the use of philosophic horror pessimism: A formless, vaguely materials meme entity has descended upon Wall Street by the use of the hell dimension, Reddit, and is at the moment devouring hedge fund managers for enjoyable and revenue.
This mist derives its energy from inflating GameStop shares and screwing over the billionaire wealth companies that wager in opposition to it for years, however its urge for food has grown insatiable, and it expanded its attain to incorporate firms like AMC and BlackBerry. Now, it’s come for Dogecoin and Frankie Muniz.
Dogecoin, we are actually forcing you to recall, is a kind of dumbass joke cryptocurrencies, on this case referencing that “Doge” meme from some time again. Some individuals nonetheless use it, apparently, however all of the latest meme economics chatter now has individuals pondering it’d be actually ironic (or one thing) to spend money on the ineffective, ephemeral digital cash. Multiple outlets are actually reporting that the worth of a single Dogecoin has risen over 142% in a single day. And Frankie Muniz is on board.
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Muniz, we are actually additionally forcing you to recall, is a former baby actor star of Malcolm within the Center turned race car driver turned olive oil entrepreneur turned surreal, horny Twitter user. This morning, he tweeted his love for Dogecoin, indicating that he, too, is conscious of the present r/WallStreetBets ridiculousness, and is presumably hoping to money in on the bizarre, pseudo-critique of inventory market capitalism.
Sadly, we remorse to tell him that the aforementioned 142% worth hike continues to be value lower than dogeshit: a single Dogecoin is currently equivalent to about $0.012 USD.
Such free markets. A lot wow.
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