Saturday, June 15, 2024

Wealthy Males North Of Richmond: A Bitcoin Anthem?

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That is an opinion editorial by Spencer Nichols, Product Advertising and marketing Affiliate at Bitcoin Journal and host of The Cosmic Bitcoin Podcast.

People music artist Oliver Anthony took the web by storm with a video of his track “Wealthy Males North of Richmond,” recorded within the woods close to his off-grid house in Virginia, and has created one thing resembling the Bitcoin track of the yr. Anthony’s uncooked emotion and lamentation of the “new world” alongside together with his statement that “the greenback ain’t shit” has actually aided him in receiving accolades from the Bitcoin group.

It’s after all no coincidence that Bitcoiners gravitated towards this track given its criticism of “wealthy males North of Richmond” — glares on the Washington uni-party — however what I discover most vital is Anthony’s cathartic, grieving tone. In my view, those that acknowledge the decay of belief and our fiat-induced collective incapability to make sense of the world, really feel loss, anger and ache over what may have been, and disbelief over the present state of the world. Anthony’s blues-laden vocals seize this all-too-well:

“For folks like me and folks such as you

“Want I may simply get up and it not be true

“However it’s, oh, it’s”

Reasonably than a highly-produced, pop-adjacent and area of interest celebration of Bitcoin or Satoshi Nakamoto — a la Gramtik’s 2016 track “Satoshi Nakamoto” which lauds “shopping for whips with cryptocurrency” — Anthony has given the Bitcoin group one thing to latch onto that standard, on a regular basis folks can as effectively. A confluence that has been … lower than widespread for Bitcoin tradition. It’s value noting that Anthony has captured an emotion that the Bitcoiner and blue collar disenfranchised can each recognize while not having to have mutual understanding of cryptography, nodes or the enchantment of permissionless cash. It’s merely a message that speaks to the issues that each of those cohorts can simply acknowledge.

In sharp distinction to the cultural zeitgeist in Bitcoin post-2020 bull market, Anthony’s mashup of people music and genuine Americana with a contemporary twist doesn’t really feel contrived or constructed on bullishness and moonboy hype. I acknowledge this paints Bitcoiners with a broad brush, however the recognition of “Wealthy Males North of Richmond” goes to mirror that many outdoors of the Bitcoin group harbor convergent sentiments to our personal: belief on this nation has been damaged, and “it’s a rattling disgrace what the world’s gotten to.”

In fact, there are additionally parallels to CBDCs and digital panopticon fears which might be palatable for Bitcoiners. Anthony writes, “These wealthy males north of Richmond. Lord is aware of all of them simply wish to have whole management. Wanna know what you assume. Wanna know what you do.”

Is This Actually A Bitcoin Music?

I feel you will need to be aware that whereas this track has been well-received by Bitcoiners, partly attributable to their sometimes right-leaning, anti-authoritarian political affiliations, we should be cautious to not name this a Bitcoin track, per se, and never use this as a kind of “blue collar-washing.” Whereas Bitcoin is actually a great tool for the economically disaffected given its roots within the Nice Monetary Disaster/Occupy Wall Road motion, it might be disingenuous to carry Anthony up as consultant of Bitcoiners, given the tech-forward financialization of Bitcoin and the looming entry of market contributors like BlackRock and others of their ilk that stand to learn.

Anthony’s music has actually discovered a fanbase in Bitcoin circles and for good motive, and maybe this could function a helpful signpost to create extra bridges between the Bitcoin group and people additional afield. However I don’t assume it might be truthful to say Anthony or a caricature of the tradition he represents (struggling males from Appalachia) as consultant of Bitcoin. That is for 2 causes: 1) to not painting Bitcoin’s cultural motion as one thing it isn’t, and a pair of) to not permit Bitcoin influences from Wall Road, Silicon Valley and elsewhere to make use of his aesthetic and enchantment as an expedient facade.

I discovered Anthony’s track extremely shifting, and was very comfortable to listen to his point-blank criticism of the greenback resonate with so many individuals. Admittedly his political ideology (so far as it’s expressed) appeals to my very own, however I don’t assume it real to carry Anthony or his track up as being a Bitcoin anthem. As a lot as I’d wish to LARP as a folksy mountain man with hard-earned grievances — shoutout my fellow Bay Space millennials — I’m going to exit on a limb right here and say I don’t assume too many Bitcoiners are blue collar mountain males, both. I feel we must be cautious to not use Anthony or his message as a way of reaching our personal pursuits, however we are able to nonetheless recognize his music and message for what they’re.

“Wealthy Males North of Richmond” has undoubtedly struck a chord. Its rawness, seeming lack of commercialization and folksy nature have enchantment for good motive compared to the favored music of “fiat land” right now. Its alignment with many beliefs in Bitcoin are usually not an anomaly, however its recognition amongst Bitcoiners might belie a want to color Bitcoin as one thing of a populist motion of impoverished, blue collar of us. I’d posit that, on common, this isn’t at the moment true for Bitcoin.

These caveats apart, this track would possibly assist us perceive easy methods to break outdoors the echo chamber of market watchers, number-go-up maxis and techno-libertarians. There’s actually an vital lesson right here in displaying how divergent the standard Bitcoin elevator pitch is from what evidently has precise mass enchantment. Whereas we are able to debate whether or not “mass adoption” is absolutely the sport to be enjoying, for the sake of argument let’s assume that’s certainly our purpose. Thus, this could function an vital information level for easy methods to tailor our messaging.

That is clearly an vital track and cultural second, however it’s not a Bitcoin anthem regardless of how a lot we want it had been. Kudos to Anthony for his newfound success and for illuminating an vital dialogue via his artwork.

This can be a visitor put up by Spencer Nichols. Opinions expressed are totally their very own and don’t essentially mirror these of BTC Inc or Bitcoin Journal.

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