And the strange rise of the Tertium Quid⦠January 10, 2022 [UNSUBSCRIBE]( | [WEBSITE]( [Altucher Confidential] “Anarcho-tyranny is what happens when an anarchy of unpunished public stabbings is combined with the tyranny of unlimited parking tickets.” [HERO IMAGE] The United States of Anarcho-Tyranny By Chris Campbell Urgent Note From James â Response Requested By 01/11/22 [Read more here...]( Hey, itâs James. [I just made a massive change to my Altucherâs Investment Network newsletter.]( This is one of the biggest changes to a newsletter in the history of our business⦠As far as I know, nothing like it has ever been done before. Whatâs going on? In short, Iâm adding 3 brand-new benefits to this all-new âPro levelâ of Altucherâs Investment Network. And as one of my readers, Iâd hate to see you left behind. Thatâs why â for a very limited time, until the timer below hits 0 â [youâll be able to upgrade your current subscription to this new âPro levelâ by clicking here.]( Seriously. Just click here now to see how to claim your upgrade. [Read more here...]( But hurry. Once the timer hits 0, itâll be too late. Iâd hate to see you left behind. The Civil War began optimistically. It was birthed in an atmosphere of patriotic fervor on both sides. Both sides also believed that a few short battles would end in a swift victory. Few could have predicted the war would drag on as it did (4 years and 27 days), ending with the death of 750,000 Americans and a nation shaking in its boots. But that’s what happened. Despite the horror wrought by the war, there was a silver lining. The aftermath of the Civil War helped destroy old, ossified assumptions and rewarded radically new thinking. “The 1860s,” says Ben Tarnoff’s book The Bohemians, “was bloody, bewildering — and if you managed to survive, a magnificent time to be a young American.” America’s future belonged to the young, courageous, and enterprising. And it was being built from the ground up in the youngest place in the lands: the Far West. The pioneers there built a new society, without the often-suffocating counsel of the Old World. Mark Twain, born in 1835, was one of those who reached young adulthood at the best possible time. And in 1848, he found himself in the best possible place, too, when settling for a stretch into the gateway to the gold rush; San Francisco. In a twinkling of an eye, the gold rushers built gambling dens… saloons… brothels… banks. “They lived among the cultures of five continents,” said Tarnoff, “often condensed into the space of a single street: Cantonese stir-fry competing with German wurst, Chilean whores with Australian. On the far margin of the continent, they created a complex urban society virtually overnight.” The West was the new frontier. And San Francisco was at the center of it. Wild. Free. Intoxicating. Inventive. Energizing. San Francisco would hold some of that energy over the years, waning as it went, for over a century… Until of course, more recently, it collapsed spectacularly. The Old Frontier Has Fallen Far from a breath of fresh air, San Francisco is now a shell of its old self. This story, like many of American decay, begins in 2008… but the seeds were planted years earlier. When San Francisco’s politicians turned the once wild and free city into a mountain of business-hostile red tape, rules, and restrictions. After the Great Financial Crisis, 18,000 companies — Toyota, Charles Schwab, Hewlett Packard, and more — fled the area due to a series of growing problems often summed up as a “poor business climate.” In 2020, it only got worse… With COVID-19 as the pretense, California’s prisons, jails, and homeless shelters were under orders to dramatically reduce their occupancy. Fewer and fewer people were getting arrested for public intoxication and aggressive behavior, emboldening the ne'er do wells. For some, like AntiFa, it was an invitation for vigiliantism under the guise of hunting for “Nazis.” (Mind you, such pursuits took place in some of the most liberal zip codes in America.) Resident of San Francisco, Michael Shellenberger, author of San-Fransicko, reported that, while the entire country was in lockdown, “a growing number of people in floridly psychotic states were screaming obscenities at invisible enemies, or at my colleagues and me, on the sidewalks or in the street, as we went to and from our retail office in downtown Berkeley, near the University of California.” Shellenberger describes a typical encounter with one such rogue: “One morning a young man came up to me as I was unlocking our front door and coughed in my unmasked face. Another man threatened to assault a colleague. In both cases our mistake appears to have been that, rather than averting our eyes, we had looked at the men.” The uptick in violence and erratic behavior wasn’t the only problem. Someone had long ago created an app to track the sidewalks with the most human feces. It began as a joke, but as the problem grew, many pedestrians found it useful and began using it. In his book, Shellenberger posits that the underlying problem isn’t, as is commonly stated, lack of funding for social programs or housing. Rather, the fundamental problem is a specific ideology that’s currently flourishing in the Bay Area and spreading around the country. It’s an ideology that says some people — either through their identity or experience — are victims entitled to destructive behaviors. “The result,” says Shellenberger, “is an undermining of the values that make cities, and civilization itself, possible.” This âMetaverse Mistakeâ Could Cost You A Fortune [Click here for more...]( Magazine says itâs âarguably as big a shift as the telephone or the internet.â Which is why the biggest companies in the world are jumping in with both feet. Facebook. Apple. Microsoft. But Iâm afraid most folks are making one simple mistake. And if youâre not careful, it could stop you from profiting off the biggest opportunity in the last generation. [Click here to learn how to sidestep this critical error (and what to do instead).]( The Rise of Anarcho-Tyranny Balaji Srinivasan, angel investor and former CTO of Coinbase, says San Francisco currently exists under the worst of all worlds — what he calls anarcho-tyranny. Anarcho-tyranny, he says, is what happens when an “anarchy of [unpunished public stabbings]( is combined with the tyranny of [unlimited parking tickets]( Anarcho-tyranny is when creators of value are punished while value-destroyers are allowed to run free. (Not entirely unlike how central banks use low interest rates to reward debt and punish savers.) “That model,” says Srinivasan of anarcho-tyranny, “may well be exported to much of the West before it reaches its end-of-life.” But, he says, “fundamentally the state capacity of modern America is just [too low]( to maintain said tyranny for long.” Nor will outright anarchy last for long, either… creating a dangerous political situation for Americans. “If America falls into a period of prolonged [anarchy]( Srinivasan writes, “the [China Community Party] model will prove attractive to many countries as a bastion of stability in a time of uncertainty.” Citizens will beg for order, says Srinivasan, and politicians will gladly give it, opening up the opportunity for an all-seeing, all-powerful surveillance state. Of course, that’s only one potential scenario. The future isn’t set in stone. Beyond anarchy and tyranny — and the Left-Right dichotomy — there’s also a tertium quid… a third thing… The New Far West Crypto, some have said, is the New Far West. The new frontier. A new opportunity to supplant the old at the same time that conflict and chaos clears the way… much as they did during and after the Civil War. We’ll explore this idea deeper tomorrow. For a taste, here are three premises: 1.] Neither tyranny or anarchy are desirable or sustainable. 2.] Our future will be one integrated with technology. Some of it, to invoke Arthur C. Clarke, “indistinguishable from magic.” 3.] We can build a technocentric future (as opposed to a technocratic one) that preserves, rather than violates, free speech, free markets, equality of opportunity, privacy, voting rights, shared prosperity, and provably equal treatment. The Civil War was a devastating time for Americans. But it also allowed many others to flourish and build a new America. America — and the world — finds itself again in chaos. Beyond the left-right tension — and the false third option of technocracy — a positive future is possible. More to come on what it might look like. [Ed. note: We laid out the foundation of this story in our Big Book of Crypto. With that book, you’ll understand why crypto exists… what problems it solves… and where the puck is headed. It’s essential reading for understanding why crypto is an essential aspect of a positive future. If you haven’t already, [click here to learn how to claim your copy]( Until tomorrow, [Chris Campbell] Chris Campbell
For Altucher Confidential URGENT: Your New Crypto Book Is Awaiting Shipment [Click here for more...]( youâve kicked yourself for not investing in cryptocurrency⦠Watching Bitcoin go from $61⦠To $1,000⦠To over $60,000⦠Then pay close attention. Famous crypto millionaire James Altucher just released a brand-new book on crypto⦠[And heâs releasing a limited number of books to folks who click here now.]( We have a copy reserved in your name, and we just need to hear back from you. [Click here now to see how to claim your copy.]( Subsribe To My Podcast [The James Altucher Show]( [The James Altucher Website]( [Subscribe With YouTube]( [Subscribe On Messenger]( [Subscribe With iTunes]( [Connected on LinkedIn]( Add AltucherConfidential@email.threefounderspublishing.com to your address book: [Whitelist Us]( Join the conversation! Follow me on social media: [Facebook Group]( [Facebook]( [Twitter]( [Pinterest]( [Instagram]( [Three founders Publishing]( To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here](. If you are having trouble receiving your Altucher Confidential subscription, you can ensure its arrival in your mailbox by [whitelisting Altucher Confidential](. Altucher Confidential is committed to protecting and respecting your privacy. Please read [our Privacy Statement.]( For any further comments or concerns please email us at AltucherConfidential@threefounderspublishing.com. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2022 Three Founders Publishing, LLC., 808 Saint Paul Street, Baltimore MD 21202. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Three Founders Publishing, LLC. EMAIL REFERENCE ID: 430ALCED01