The Last Currency: On Crypto and the Banality of Extinction

The crypto boom was never just about money.

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To consolidate present and future power, right-wing libertarians and their Trumpist allies depend on two things: the dismantling of the administrative state on one hand and a near-extinction event on the other. Cryptocurrency offers them just that — a critical bridge for a coup not just over what remains of the state, but over the future itself, or more precisely, its ruins. The text that follows, adapted from my book “Climate Propagandas,” charts how crypto became a cornerstone of this libertarian project: a speculative economy, a political weapon, and a mechanism of planetary extraction…

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