Patreon Preview – 402. Crypto Empire of the Sons

Patreon Preview – 402. Crypto Empire of the Sons

We return to an old enemy of the show by discussing the latest developments in the crypto industry. We trace how crypto has evolved from a grift largely focused on defrauding retail investors into a grift now focused on creating financial infrastructure to facilitate very direct and obvious forms of political influence peddling. Of course, the Greater Idiot Theory still holds as many investors still think that bitcoin is a hedge against the stock market and a reservere of stable value in a volatile economy, but the crypto industry is now driven by the needs of the greatest idiots of them all: Donald J. Trump and Family. Also, here are links for the pictures we were joking about in the beginning: https://x.com/captgouda24/status/1913254322864894178 and https://x.com/luke_d_ismas/status/1913406583188369497 ••• Crypto Crime is Legal | Molly White https://www.citationneeded.news/issue-81/ ••• Trump’s Newest Grift: Building a Cryptocurrency Empire While Destroying its Regulators | Molly White https://www.citationneeded.news/trump-crypto-empire/ ••• TMK in the New Yorker https://www.newyorker.com/magazine/2025/04/21/how-to-survive-the-ai-revolution Standing Plugs: ••• Order Jathan’s new book: https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite ••• Subscribe to Ed’s substack: https://substack.com/@thetechbubble ••• Subscribe to TMK on patreon for premium episodes: https://www.patreon.com/thismachinekills Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)

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Episoder(492)

469. The Maniacs are Running the Asylum (ft. Nikhil Suresh)

469. The Maniacs are Running the Asylum (ft. Nikhil Suresh)

We’re joined by Nik Suresh, director of Hermit Tech and excellent blogger on the software industry. You might know Nik for an incredible essay he wrote a couple years ago about piledriving anybody who...

6 Aug 1h 39min

Patreon Preview – 468. Vibes Make the World Go Round

Patreon Preview – 468. Vibes Make the World Go Round

First we get into a very circular (the strongest shape in nature) deal between Nvidia, OpenAI, and Softbank to finance a $250 billion 10-gigawatt data center complex, powered by a natural gas plant bu...

30 Jul 9min

467. Industrial Policy by Other Means (ft. Matt Haugen, Jesse Goldstein)

467. Industrial Policy by Other Means (ft. Matt Haugen, Jesse Goldstein)

We chat with Matt Haugen and Jesse Goldstein from the Climate + Community Institute about a new report they co-authored laying out how the US is engaging in industrial policy for AI development in way...

24 Jul 1h 25min

Patreon Preview – 466. I’m Evil as Shit

Patreon Preview – 466. I’m Evil as Shit

We first open a door by talking about the great new ‘right to repair’ ruling from the FTC, which is the result of a long fight against rentier monopolies and digital enclosure, and should be precedent...

18 Jul 10min

465. Malcolm X1 Technologies

465. Malcolm X1 Technologies

We chat all about the growing market for humanoid robots. What are the financial incentives and social ideologies driving the creation of technologies designed to directly mimic (and replace) humans—e...

10 Jul 1h 25min

Patreon Preview – 464. Pep Rally

Patreon Preview – 464. Pep Rally

Miracle cures! Get your miracle cures! What the hell are peptides? Why is this class of black/gray market drugs on everyone’s lips and being injected into everybody’s veins? Where did this multi-billi...

2 Jul 7min

463. The Abuse is the Point (ft. Ben Somers)

463. The Abuse is the Point (ft. Ben Somers)

(Sorry we’re a little late; blame producer pneumonia) We open the nightmare world folder and go through a series of stories about technology, surveillance, and policing. Cops using AI to generate “evi...

26 Jun 1h 33min

Patreon Preview – 462. Somebody’s Really Gotta Do Something

Patreon Preview – 462. Somebody’s Really Gotta Do Something

If every billionaire is a policy failure, then the world’s first trillionaire is a far more serious omen of collapse. We spend this episode talking about Muskism, reflecting on an economy that is raci...

19 Jun 7min

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