Hey everyone,
The hottest meme from the last week was undoubtedly the Roman Empire.
Women have taken to questioning men how often they think about ancient Rome. It turns out that men think about Rome a lot.
On 𝕏, discussion of the meme has focused on Rome’s fall, with an emphasis on the empire’s undisciplined finances.
Let’s take a look at why Rome’s decline is on the masculine mind, and how Dogecoin keeps civilization on an upward trajectory.
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The last few weeks have witnessed some incredible memes: the Trump mugshot and Mexican Congress unboxing aliens will both go down in meme history.
However, the trendiest meme of the moment is undoubtedly The Roman Empire.
Women are asking men how often they think about Rome, and are consistently shocked by their answers.
The average male, it turns out, thinks about ancient Rome at least once a week, and in some cases several times a day.
The meme started on TikTok and has achieved mainstream crossover, appearing in the Washington Post, the Atlantic, and other outlets.
Over the weekend, Rome penetrated further into 𝕏 than any TikTok meme in recent memory.
There are several reasons for Rome to be on the male mind.
Over the past few days some trends have emerged.
A lot of men are saying that lessons of Rome’s fall apply to present-day civilization.
Three topics have dominated Rome discussion: lax moral standards, uncontrolled immigration, and financial profligacy.
On 𝕏, San Francisco is frequently held up as an example for what can happen to society when morality is abandoned.
The city has more or less stopped enforcing its criminal code, allowing open drug use and petty crime to proliferate. Businesses are fleeing, and Elon has called the downtown a “Zombie Apocalypse.”
Open border immigration policies in both Western Europe and America are also drawing comparisons to late-stage Rome. Recently, New York City has become the unlikely epicenter of the immigration debate.
In a viral video, Mayor Eric Adams warned that illegal immigration is destroying the city, stressing its social services to the brink. In another video, fed-up citizens shouted at New York politicians to “close the border.”
The strongest link between Rome and present day civilization, however, is fiscal mismanagement by authorities.
Declining Rome was by plagued by currency debasement and inflation. Over two centuries, the silver content of the Rome’s currency the Denarius went from 95% to 5%.
For an example of what can happen to society when these processes play out in the present, people are pointing to Argentina, which has been under the microscope lately because of recent episodes of Tucker on X.
In an interview with Carlson, Presidential front-runner Javier Milei argued that undisciplined financial policy is leading to the country’s collapse.
Fiscal commentators are warning the same thing is happening to the United States.
Elon has repeatedly cautioned that the combination of out-of-control government spending and ballooning debt is a ticking time bomb.
When government has failed to manage its own finances, it has passed the bill to citizens in the form of inflation.
The US government’s policy of money printing is driving up the cost of basic goods like food, energy, and housing, making it harder for regular folks to keep their books balanced.
When world powers are at the end of their fiscal rope, starting a new war is the fastest way to reset the board by looting their competitors’ resources. Weimar Germany is the best recent example.
This week Elon and David Sacks suggested that US involvement in Ukraine was motivated by natural gas investments of Western oligarchs.
At times, it can feel like civilization is more fragile than any moment in recent memory.
Recently, we learned that Elon blocked Ukraine’s attempt to drone strike the Russian fleet, potentially averting nuclear conflict.
The news accentuated the end-of-days vibe.
Despite the heavy mood, Elon has maintained a consistent message of optimism: reject doomerism and focus on making life better on earth.
His missions to colonize Mars, spread sustainable energy, and reinvent the financial system encourage people to view the future with hope.
Believe it or not, Dogecoin is a big part of these plans.
Several features of Doge are designed to remedy failures of the current system, so that Western civilization maintains its upward trajectory. Here are three:
1- Programmatic money issuance: Dogecoin is minted on a predetermined schedule built into its code. Its fixed issuance puts an end to currency debasement that defined both late-stage Rome and the present.
2- Transparent blockchain: Today, it’s impossible for the public to tell where their taxes are going. Congress has refused to audit Ukraine spending, while the Pentagon routinely fails audits and misplaces trillions. Every Dogecoin transaction is recorded on a public ledger, allowing for real-time citizen audits and putting an end to wasteful and opaque government spending.
3- No special privileges—The Roman Denarius was debased because emperors changed the amount of silver in a coin by decree. Bankers at the Federal Reserve can double the money supply with a few keystrokes. By contrast, Dogecoin is owned and controlled by a network of decentralized miners and holders. It operates on consensus, not fiat, so no single entity can abuse the levers of monetary power.
Let’s be real: governments are unlikely to spontaneously adopt a Dogecoin Standard any time soon.
But that doesn’t change the value of the project. Just the existence of an alternate monetary system puts pressure on the oligarchs and power-brokers to shape up
The more We The People opt out of exploitative financial system and into a fair and transparent one, the faster the money men will be forced to get their act together and stop looting from citizens.
The last time a TikTok meme penetrated as far into Twitter/𝕏 as the Roman Empire, sea shanties took over the collective memescape in January 2021. Elon even told Joe Rogan he sang sea shanties on the drive to work.
A few weeks later, Dogecoin began its come-from-nowhere ascent
History doesn’t repeat itself, but it often rhymes: will a new Dogecoin Rise help counterbalance collapsing western civilization?
So what do you think: Does the Roman Empire have something to teach us about the present?
Could Dogecoin have prevented Rome’s fall?
And how often do you think about Doge?
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Disclaimer: This is not financial advice and I am not a financial advisor. The article above references an opinion for entertainment purposes only and it is not investment advice. Always assume that the author of the article is actively trading and that the opinions expressed may be biased towards the author’s holdings. Do your own research and consult with a licensed financial adviser before making any investment decision. Do not treat any opinion expressed in this newsletter as a specific inducement to make a particular investment. Content, news, research, tools, and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or cryptocurrency or to engage in any particular investment strategy. The information provided is not warranted as to completeness or accuracy and is subject to change without notice. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, cryptocurrency, or financial product does not guarantee future results or returns. Dogecoin is a speculative and highly volatile asset susceptible to pump-and-dump schemes.
At the time of publication, Dogecoin is around $0.06 per coin.