Nobody who’s this insistent, aggressive and violative with their language of “it’s here and if you don’t adopt it you’re stupid and dead” has ever been right about anything. Nobody this desperate, insistent and forceful has ever had good intentions, good vibes or brought good omens — they are always bearers of some kind of con.
Hey, Ed’s almost there! Critics will throw around words like “rage” and “mad” and “crazy”, but unhinged anger is an inevitable and necessary step for every person’s first trip through this process.
I think there’s two productive avenues for reaching the other side here. One is thinking more about the data centers - put aside the “overconfident and unaware of how hard it is to build data centers” hypothesis and instead start by assuming that “announcing and funding a huge data center and never actually building it” is the intended/desired/achieved outcome, and see where that train of thought takes you. (Teaser: interesting how they had the unusually prescient foresight to make SPVs and cardboard cutout companies the bag-holders - specifically in the case of building data centers, but not for any of their other ai-related capex outlay?)
The other avenue would be looking at crypto’s history - it started as a collection of computer science concepts cleverly combined to produce a fiat currency where the issuing government is Mathematics (infinitely more rigidly enforced, but infinitely less concerned with exercising control). Yet now it clearly resembles an unlicensed casino or an unregulated stock market. Imagine this transformation was the intentional result of some plan. What does the entity who came up with and executed this plan look like? What was its goal, why did it want this, and how did it benefit?