84: New Year Vibe Check: I Can’t Go On, I’ll Go On
Jan 4, 2025
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The hosts dive into the humorously complex world of cryptocurrency, merging finance with psychoanalytic theory. They tackle capitalism through a Lacanian lens, exposing the irrationalities of financial markets. Personal anecdotes reveal unconventional career paths, critiquing profit-driven theories in finance. Additionally, they shine a light on the deceptive allure of cryptocurrencies and the scams lurking within, showcasing the absurd nature of a fictional 'rug pull coin.' It's a witty blend of satire and deep thought.
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Quick takeaways
The podcast critically examines the absurdities of cryptocurrency investments through the lens of a self-consciously designed 'Rugpull coin'.
It explores the intersection of psychoanalytic theory and capitalism, highlighting how personal desires shape perceptions of value and investment strategies.
Deep dives
The Concept of Rugpull Coin
Rugpull coin is presented as a hypothetical cryptocurrency designed with built-in mechanisms for inevitable failure, specifically a guaranteed rug pull. The concept aims to self-consciously incorporate elements of both market manipulation and the chaotic nature of cryptocurrency investments. It suggests that a council of artificial intelligence would govern the coin's fluctuations, reminiscent of a chaotic random number generator. This self-aware design highlights the absurdity of certain investment opportunities while recognizing the inherent risks involved in such ventures.
Psychoanalysis and Capitalism
There is a unique intersection explored between psychoanalytic theory and capitalism, suggesting a means of monetizing theoretical frameworks for financial gain. The speaker reflects on past ideas of interpreting Lacanian theory to develop strategies for financial success, viewing money as a signifier entangled in desire and fantasy. This theoretical lens encourages a critical examination of how subjective experiences influence perceptions of value and financial constructs. The conversation interestingly blurs the lines between profound theoretical discussions and practical investment advice.
The Nature of Financial Deception
The conversation delves into the deceptive nature of financial markets, particularly concerning cryptocurrencies, where many participants recognize they are engaging in risky ventures akin to Ponzi schemes. There is a portrayal of market psychology, where individuals rely on their perceived savvy to exit before a collapse occurs. This acknowledgment of the inherent risks and deceptions within crypto investments serves to illuminate broader issues in financial systems, including scams and tax evasion. The discussion also interrogates the moral implications of participating in or profiting from such ventures, suggesting a deeper commentary on capitalism's unsustainable practices.
Abby, Patrick, and Dan get together for a looking-forward, looking-backward session surveying the year that was and assessing the year ahead. It’s a suitably ambivalent, Janus-faced assessment of political developments, cultural milestones, new hobbies, simmering dreads, and bold resolutions. Plus: the dream of Lacanian Finance Grifting.
Have you noticed that Freud is back? Got questions about psychoanalysis? Or maybe you’ve traversed the fantasy and lived to tell the tale? Leave us a voicemail! (646) 450-0847
A podcast about psychoanalysis, politics, pop culture, and the ways we suffer now. New episodes on Saturdays. Follow us on social media: