Patreon Preview – 222. Weird That All These Canaries of Tech Capitalism Keep Dying

We do a postmortem on 2022, the year of Web3, talking about the goofs and grifts, speed and scale, crashes and canaries, with our major takeaway and theme being that just as FTX is not anomalous for Web3, nor is Web3 anomalous for Silicon Valley. It is, instead, a product and paragon of the structural conditions and systemic imperatives that define how the political economy of technology operates within capitalism. Stuff we reference ••• In 2022, web3 went just great https://newsletter.mollywhite.net/p/in-2022-web3-went-just-great ••• Web3 grift leaderboard https://web3isgoinggreat.com/charts/top ••• Imprinting the economy: The structural power of venture capital https://journals.sagepub.com/doi/10.1177/0308518X221136559 ••• MicroStrategy Hit Lowest Since 2020 After Bitcoin Sale https://www.bloomberg.com/news/articles/2022-12-29/microstrategy-mstr-hits-lowest-since-2020-after-bitcoin-sale-announcement?srnd=technology-vp Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills Grab TMK gear: https://www.bonfire.com/store/this-machine-kills-podcast/ Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)