I once saw the iceberg meme for Peat-related topics, and decided this fine weekend it was time to make one for crypto.Unsurprisingly it went viral right after the Scorpio New Moon (a time for psychological rebirth), alongside the market correction, a useful piece of entertainment for all.
Level 1:
Fiat is worthless: every fiat currency, backed by nothing but the promises of an army or government, will trend to zero.Btc is immutable: 21m BTC is all that will ever be mined (ish)Assets inflate due to base currency inflation: study housing and stocks in Western markets linked to the almighty petrodollarSmart contracts replace the economy: an OG dream of ETH when it first emerged, with its SC abilities promising to replace real estate, banks, salesmen, etcChancellor on brink of 2nd bailout for banks: the OG headline embedded into BTC's first block, a sign of what Satoshi was standing against with the creation of Bitcoin
Level 2:
alt/btc ratio: the most important metric for traders to decide if an altcoin is worth buying vs btc, an old school previous cycle concept now mirrored in alt/sol ratios, or the famous sol/eth uponly chartXRP god scam: the OG pump in the 2016/2017 cycle which minted millionaires out of thin air and created the everlasting XRP cultSilkroad: how BTC was originally used before adoption by tradfi, as a form of p2p currency for various substances and servicesEther rocks: one of the first NFT projects to ever be launched on the blockchainYachtzee saved BTC: referencing how Arthur Hayes turned Bitmex off at the peak of the Covid death candle to save our market Cyberpunk ethos: the OG inspiration and thought system behind BTC and ETH
Level 3:
Memecoins are BTC 2.0: referencing Murad's thesis on how memecoins can form undefeatable holders and cults for a vision that leads to extraordinary price actionCrypto is risk-beta-beta: we die when macro is shit and do well when macro is good. lolEth was made for more BTC: referencing the OG copypasta of ETH being a scam L1 to steal BTC in the early daysChinese money laundering created ordinals: no explanation neededSushi vampire attack: Sushi vampire attacked UNI only for the main dev to lower the price of the sushi token to protect holders (kek)Ziliqa yearly pump: referencing GCR's old tweets about how Ziliqa has the most aggressive MM when it decides to scam pumpEvery coin goes to zero: every coin goes to zero
Level 3:
Pumpfun 30k-1m fractal: there is a gameable pattern of identifying winning PF coins early on, and buying the first dip on raydium (if it survives) SOL foundation restarted bull market: shitpostCZ is yakub: referencing CZ's glorious cranium Vitalik death scam candle: who profited from all the sold ETH the day the fake news of Vitalik's death emerged? PEPE risk indicator: for a period of time, one could simply look at PEPE's price action and know if we were going to have a good or bad week in the market-80% drawdowns on memes: every great memecoin has multiple -80% drawdowns
Level 4:
Beerus was based16z: no one has discovered who Beerus, the dev behind AnubisDAO, really was. Perhaps B16z is Sisyphus, we will never know CL is an LLM: high level autism and seed oils can create an NPC-like genius Truth Terminal is Baphomet: AI is inherently man trying to play God, and GOAT references the androgynous occult deity, while being vulgar and profusely crude.Italian mafia created DeFi 2.0: GCR once hypothesized that Dani Sestagali's TIME, SPELL and ICE tokens may have been used as a tool for organized crime to launder money with. MEV = UBI: MEV provides a constant stream of income for the smart coders/farmersLiquidity dispersion creates poverty: the reason why previous cycles seemed easier to navigate was simply the lack of bad tickers one could bid, compared to just BTC in early cycles, ETH/BTC in the past 2, and now, a cornucopia of tickers to lose money on.
Level 5:
SBF was Ryoshi: referencing the OG Bitboy videos where he claims SBF created SHIBMoon phases and eclipses create bull runs: no more explanation needed4 year cycle is simply global liquidity: no more explanation neededOnchain runs every 2 months due to wage slavery: as the majority of participants lose money, it requires participants to save up multiple paychecks in order to begin PVPing to then further gamble with more and more paper money until too many rugs run them to zero. Classic pattern.
Level 6:
Bitboy cocaine immortality: Bitboy's relentless energy may be explained by cocaine abusemingxmecca: GCR's old altEl Salvador Atlantean revival: if El Salvador continues its policies and leadership, it stands a chance at being one of the most successful nations this centurySanctioned nations pump altcoins: similar to the ordinal joke, altcoins often provide a vehicle for money to be made clean, or sent to different territories ($USDT on Tron for example) Do Kwon ledger butt plug: no explanation neededOI elevation in uptrends: no explanation needed
Level 7:
Kole World astral tomfoolery: I suspect Kole was initially right about a strong correction in the Summer, but may have been fooled by astral entities into his lower targetsSatoshi was CIA: multiple conspiracy theories exist on thisMurad is Baproll: the most infamous SPX6900 bullposter might be Murad's alt GCR's cybernetic wheelchair: some have hypothesized GCR's physical disabilities due to his words on how trading was the only pathway for him to gorillions Finex decides price: no they don't I'm trollingGeorge Floyd never died: referencing DroydAI
I hope you enjoyed this meme as much as I did making it. We are not a serious industry.
