布罗利奇（Broligarchs）试图走自己的路

就职典礼那天，许多人对美国机构进行批发翻新的前景感到真正的欣喜。而且，正如我经常认为的那样，我们的宪法民主确实需要翻新 - 各种精英与人民脱节，官僚机构困扰着每个人，我们中的许多人发现不可能使当选的官员负责。但是我担心我们将要进行的翻新将使我们朝着错误的方向发展。

Many people felt a sense of euphoria on Inauguration Day at the prospect of a wholesale renovation of America’s institutions. And, as I’ve argued often, our constitutional democracy does need renovation—the various elites are disconnected from the people, bureaucracy afflicts everyone, and many of us find it impossible to hold our elected officials accountable. Yet I fear that the renovations we’re about to get will take us in the wrong direction.

在就职典礼的那天，在美国机构进行批发翻新时，许多人感到欣喜若狂。而且，正如我经常认为的那样，我们的宪法民主确实需要翻新 - 各种精英与人民脱节，官僚机构困扰着每个人，我们中的许多人发现不可能使当选的官员负责。但是我担心我们将要进行的翻新将使我们朝着错误的方向发展。

Americans have been yielding sovereignty to tech magnates and their money for years. The milestones are sometimes startling, even if one has long been aware of where things are heading. I was astonished and alarmed when I learned, in the summer of 2023, that Elon Musk had, within a span of five years, built an orbital network comprising more than half of the world’s active satellites. His share has now risen to more than 60 percent. Already in 2023, he controlled battlefield communications infrastructure used in the war between Ukraine and Russia. Musk is currently the head of Donald Trump’s new Department of Government Efficiency, known as DOGE, which is taking over the U.S. Digital Service. At the same time, he may be making a bid for TikTok’s American platform. Ownership of TikTok brings immense power. In December, the Romanian elections were canceled in the middle of voting because of fears that propaganda from Russia, by means of TikTok, was driving the election results.

多年来，美国人一直在为技术巨头和他们的资金产生主权。即使人们长期以来已经意识到事情的发展方向，这些里程碑有时会令人震惊。当我在2023年夏天得知埃隆·马斯克（Elon Musk）在五年内建立了一个轨道网络，其中包括世界上一半以上活跃的卫星，我感到惊讶和震惊。他的份额现在已上升到60％以上。他已经在2023年控制了乌克兰和俄罗斯之间战争中使用的战场通信基础设施。马斯克目前是唐纳德·特朗普（Donald Trump）新的政府效率部门（Doge）的负责人，该部门正在接管美国数字服务。同时，他可能正在竞标Tiktok的美国平台。 Tiktok的所有权带来了巨大的力量。去年12月，由于担心俄罗斯的宣传，通过蒂克托克（Tiktok）的宣传，罗马尼亚选举在投票中被取消。

Musk is well on his way to controlling the world’s communications infrastructure. This is not by accident. He swims in an intellectual universe, alongside his PayPal associates Peter Thiel (who funded J. D. Vance’s Senate campaign) and David Sacks (now Trump’s AI and crypto czar), whose writers advocate for replacing democratic leadership with a CEO-monarch, and argue that higher-IQ “sovereign individuals” should rule over people with lower IQs. Musk, Sacks, and Thiel all spent formative boyhood years in South Africa. As the historian Jill Lepore noted in The New Yorker, Musk’s grandfather took the family to South Africa for the sake of apartheid, having left Canada after being jailed for his leadership activities in the Technocracy movement, “whose proponents believed that scientists and engineers, rather than the people, should rule.” Thiel has made “freedom” his life’s pursuit. Since 2009, he has argued that freedom is incompatible with democracy, and that “the fate of our world may depend on the effort of a single person who builds or propagates the machinery of freedom that makes the world safe for capitalism.”

马斯克正在控制世界通信基础设施的途中。这不是偶然的。他与他的贝宝（Paypal）同事彼得·蒂尔（Peter Thiel）（资助JD Vance的参议院竞选活动）和David Sacks（现为特朗普的AI和Crypto Czar）一起游泳，他们的作家倡导以首席执行官的身份代替民主党领导人，并认为这是一个更高的人，并认为这是他的作家。 -iq“主权个人”应统治智商较低的人。麝香，麻袋和蒂尔都在南非度过了成长的童年。正如历史学家吉尔·勒波（Jill Lepore）在《纽约客》中指出的那样，马斯克的祖父将家人带到南非为了种族隔离，因其在技术官僚运动中被判入狱后离开了加拿大，他的支持者相信科学家和工程师，更愿意科学家和工程师比人民应该统治。”泰尔（Thiel）使他的人生追求“自由”。自2009年以来，他认为自由与民主不相容，“我们世界的命运可能取决于一个人的努力，该人的努力是建立或传播使世界安全的自由机制，这使世界对资本主义安全。”

Two original MAGA leaders, Steve Bannon and Laura Loomer, have railed against this “techno-feudalism.” That is what they see Musk and his allies trying to bring about, whether in collaboration with Trump or by using him as their puppet. For the first time ever, I find myself agreeing with Bannon and Loomer.

两位原始的杂志领导人史蒂夫·班农（Steve Bannon）和劳拉·鲁默尔（Laura Loomer）对这种“技术狂主义”的影响。这就是他们看到马斯克及其盟友试图带来的东西，无论是与特朗普合作还是将他用作木偶。我第一次发现自己同意班农和织布勒。

The whole situation went from concerning to surreal when, two days before his inauguration, Trump issued a meme crypto coin, known as $TRUMP. A memecoin is a form of cryptocurrency that has no value-creating function in the crypto ecosystem. Instead, it references some popular phenomenon and gains its value only because of people’s interest in that popular phenomenon. Typically, memecoins also lack the security that could render them a stable part of the crypto financial infrastructure.

整个局势从有关超现实的情况转变为超现实，当时他在就职典礼前两天发出了一个被称为特朗普的Meme Crypto硬币。 Memecoin是一种加密货币的一种形式，在加密生态系统中没有增值功能。取而代之的是，它引用了一些流行现象，并获得了其价值，仅仅是因为人们对这种流行现象的兴趣。通常，Memecoins也缺乏使他们成为加密金融基础设施中稳定部分的安全性。

The fully diluted value (or market cap when the full supply is circulating) of $TRUMP, 80 percent of which is owned by entities that the Trump family controls, shot up within 24 hours of its release to more than $70 billion. It is now bouncing around between $20 billion and $30 billion—meaning the president now holds something like 75 to 80 percent of his wealth in crypto. That goes well beyond monetizing the Trump brand through T-shirts, gold sneakers, and steaks. This time, Trump has auctioned himself. Leaving aside the technical substrate, there is arguably little difference between $TRUMP and the president posting a deposit-only Swiss-bank-account number online, into which people can deposit funds and privately show him the receipts for their deposits. His personal wealth now depends on these depositors. He has turned himself—and therefore his office—into a for-profit joint-share stock corporation. People with $TRUMP in their crypto wallets are the shareholders.

特朗普的全部稀释价值（或全部供应流通时的市值），其中80％由特朗普家族控制的实体拥有，在释放后24小时内攻击，超过700亿美元。现在，它的反弹在200亿至300亿美元之间 - 总统现在持有他在加密货币中的75％至80％的财富。这远远超出了通过T恤，黄金运动鞋和牛排通过Trump品牌获利的。这次，特朗普拍卖了自己。除了技术基材之外，特朗普与总统在网上发布仅存款的瑞士银行账户号码之间几乎没有什么区别，人们可以在其中存入资金并私下向他展示其存款收据。他的个人财富现在取决于这些储户。他转过身来，以及他的办公室 - 一家营利性联合共享股票公司。股东是特朗普$特朗普的人。

Who knows if the president intended this outcome, but leaders in the crypto space have long hoped for the replacement of nation-states with “network states” encompassing communities that come together on the blockchain. They are celebrating $TRUMP as the first crypto community to have gained control of a nation-state’s powers by capturing the president’s attention through control of his digital wallet. If what Trump has done is upheld as legal or becomes a norm, other global leaders have every incentive to do what he did, turning

谁知道总统是否打算这一结果，但是加密货币领域的领导人长期以来一直希望用“网络国家”替换民族国家，涵盖区块链上的社区。他们庆祝特朗普是第一个通过控制他的数字钱包来吸引总统注意力的加密社区，从而获得了民族国家权力。如果特朗普所做的事情是合法的或成为规范的，那么其他全球领导人都有所有动力去做他所做的事情，转向