TOTAL CRYPTO MARKET AFTER 10 YEARS— a global, high-tech digital enclosure for an anonymous crowd that makes cyclical darting moves between bouts of collective greed (euphoria) and collective panic (terror).

This is the ideal distillate of human vices, freed from the restraining factors of the traditional world (institutions, regulators, safeguards, and the banal time to think). In this context, blockchain acts not as a tool of freedom, but as an ultra-fast cable connecting the nervous systems of millions into a single pulsating superorganism, governed by just two basic hormones: dopamine (when everything is growing) and cortisol (when everything is falling apart).

In this optics, all technological innovations (smart contracts, DAOs, Web3) are merely new, more sophisticated ways to coordinate this crowd—allowing it to unite faster for shared madness and to rob itself more effectively.

And now AI joins this madness. If in the past crowds were manipulated by living people (influencers, project founders) who were also subject to emotions, then AI is completely cold-blooded. Modern language models and AI algorithms can, in real time, analyze the fears and hopes of millions of people from their social media messages. AI doesn’t just read the crowd’s emotions—it learns to generate textual, visual, and semantic content that precisely triggers greed or panic.

• The crowd becomes a controllable biological material for algorithms. AI creates perfect illusions (deepfakes, fake news, generated “genius” whitepapers for projects), and people blinded by greed carry capital there.