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That is an opinion editorial by Spencer Nichols, Product Advertising Affiliate at Bitcoin Journal and host of The Cosmic Bitcoin Podcast.
Folks music artist Oliver Anthony took the web by storm with a video of his tune “Wealthy Males North of Richmond,” recorded within the woods close to his off-grid residence in Virginia, and has created one thing resembling the Bitcoin tune of the 12 months. Anthony’s uncooked emotion and lamentation of the “new world” alongside along with his remark that “the greenback ain’t shit” has actually aided him in receiving accolades from the Bitcoin group.
It’s in fact no coincidence that Bitcoiners gravitated towards this tune 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 might have been, and disbelief over the present state of the world. Anthony’s blues-laden vocals seize this all-too-well:
“For individuals like me and folks such as you
“Want I might simply get up and it not be true
“However it’s, oh, it’s”
Moderately than a highly-produced, pop-adjacent and area of interest celebration of Bitcoin or Satoshi Nakamoto — a la Gramtik’s 2016 tune “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 individuals can as nicely. A confluence that has been … lower than frequent for Bitcoin tradition. It’s value noting that Anthony has captured an emotion that the Bitcoiner and blue collar disenfranchised can each respect without having to have mutual understanding of cryptography, nodes or the attraction 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 folks 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 reputation of “Wealthy Males North of Richmond” goes to mirror that many exterior 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 complete management. Wanna know what you suppose. Wanna know what you do.”
Is This Actually A Bitcoin Tune?
I believe it is very important be aware that whereas this tune has been well-received by Bitcoiners, partly resulting from their usually right-leaning, anti-authoritarian political affiliations, we have to be cautious to not name this a Bitcoin tune, per se, and never use this as a sort of “blue collar-washing.” Whereas Bitcoin is actually a useful gizmo 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 purpose, and maybe this will function a helpful signpost to create extra bridges between the Bitcoin group and people additional afield. However I don’t suppose 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 enable Bitcoin influences from Wall Road, Silicon Valley and elsewhere to make use of his aesthetic and attraction as an expedient facade.
I discovered Anthony’s tune extremely transferring, and was very joyful 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 suppose it real to carry Anthony or his tune 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 suppose too many Bitcoiners are blue collar mountain males, both. I believe we must be cautious to not use Anthony or his message as a way of attaining our personal pursuits, however we will nonetheless respect his music and message for what they’re.
“Wealthy Males North of Richmond” has positively struck a chord. Its rawness, seeming lack of commercialization and folksy nature have attraction for good purpose compared to the favored music of “fiat land” in the present day. Its alignment with many beliefs in Bitcoin will not be an anomaly, however its reputation amongst Bitcoiners might belie a want to color Bitcoin as one thing of a populist motion of impoverished, blue collar people. I’d posit that, on common, this isn’t presently true for Bitcoin.
These caveats apart, this tune may assist us perceive break exterior 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 attraction. Whereas we will debate whether or not “mass adoption” is actually 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 tailor our messaging.
That is clearly an vital tune and cultural second, however it isn’t 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 by way of his artwork.
It is a visitor publish by Spencer Nichols. Opinions expressed are fully their very own and don’t essentially mirror these of BTC Inc or Bitcoin Journal.
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