Cryptobabble

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Cryptobabble /krɪptəʊˈbæbl/ (n.)

Contemporary madness among a mewling virtual crowd, cryptobabble is like yogababble, only for those who “hold on for dear life” while disdaining “right clickers”, in the mistaken apprehension that, because this time is different, “we’re gonna make it”.

Related, somehow, to the present market exuberance (@November 2021) which isn’t so much irrational as outright idiotic.

We humans tend to name our epochs in hindsight, by reference to the catastrophe that ended them: “pre-pubescent”; “pre-historic”; “south-sea bubble”. This habit is wishfully revisionist, since the one thing that cannot define the people of a given period is the crisis that will eventually do for whatever consensus they happen to be in.

Our current, hysterical era may be the exception that proves that rule: no-one with a functioning cerebellum is in any doubt we are in the end of days — over this conviction seems to be spurring people on: like plague victims awaiting the onset of symptoms, we are acting out a danse macabre: a desperate, decadent, delirious tarantella, because we are so fucked we might as well just enjoy the obliterated husk that is what’s left of our project. We are falling ever certainly to our deaths, but, like skydivers whose ’chutes have failed, and for whom there is no way out, we have unclipped, determined to ride free and unchained, to make the most of the exhilarating gravity ride to the end.

What the hell: buy Shiba-inu: mint some tweet on the blockchain and sell it for monopoly money, by Tesla — who cares?we’re off the cliff and there are only moments left, so what else is there to do? Maybe it might even go up!

This is the bulltard era.

See also