#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities #Merton #RobertMerton A «Self-Fulfilling Prophecy» by Robert K. Merton. «A SOCIOLOGICAL PARABLE It was the year 1932. The Last National Bank was a flourishing institution. A large part of its resources was liquid and had not been “watered down.” Cartwright Millingville had every reason to feel proud of the banking institution over which he presided. That is, until Black Wednesday. When he entered the bank, he noticed that business was brisker than usual. There was something odd about it, for the workers from A.M.O.K., the steel plant, and those from K.O.M.A., the mattress factory, were not normally paid until Saturday. Yet there they were—two dozen men, clearly factory workers—lining up in front of the tellers’ windows. As he entered his private office, the president thought with a touch of compassion: “Let’s hope they haven’t been laid off in the middle of the week. At this hour they should still be in the shop.” But speculations of this sort have never helped a bank to prosper, and Millingville turned his attention to the pile of documents on his desk. After signing fewer than twenty papers with his usual precision, he became disturbed by the absence of something familiar and the intrusion of something strange. The low, discreet hum of normal banking activity had given way to the jarring noise of many agitated voices. A situation had been defined as real, and that was the beginning of what became Black Wednesday—the last Wednesday, as it turned out, in the history of the Last National Bank. Cartwright had never heard of Thomas’s theorem, but he had no difficulty recognizing its operation. He knew that, despite the bank’s relatively liquid position, a rumor of insolvency, once believed by a sufficient number of depositors, would produce the very insolvency that had been rumored. And by the close of Black Wednesday—and the even Blacker Thursday that followed—when long lines of anxious depositors, each desperately trying to withdraw their savings, stretched into even longer lines of still more anxious depositors, the insolvency became a reality. The bank’s previously stable financial structure had rested on a series of definitions of the situation: the shared belief in the validity of the interlocking system of economic expectations by which people live. Once the depositors redefined the situation, once they began to doubt that their expectations would be fulfilled, the consequences of this new and initially false definition proved to be all too real. This is a familiar type of case, and one does not need Thomas’s theorem to understand how it happened—at least not if one is old enough to have voted for Franklin Roosevelt in 1932. With the help of the theorem, however, the tragic story of the Millingville bank can be turned into a sociological parable that helps us understand not only what happened to hundreds of banks during the 1930s, but also what continues to happen in relations between Blacks and whites, and between Protestants, Catholics, and Jews in our own time. The parable tells us that public definitions of a situation (prophecies or predictions) become an integral part of the situation itself and, consequently, influence subsequent events. This is peculiar to human affairs. It does not occur in the natural world, untouched by human hands. Predictions concerning the return of Halley’s Comet do not affect its orbit. But the rumor of insolvency at the Millingville bank directly affected the actual outcome. The prophecy of bankruptcy brought about its own fulfillment. [continues below 👇🏼]

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities #Merton #RobertMerton 🧐 W. I. Thomas's basic theorem: «If individuals define situations as real, they are real in their consequences».

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities #Merton #RobertMerton A «self-fulfilling prophecy» idea by Robert K. Merton 🧵 (spanish edition —> Google translator —> images)

#SPX6900 #SPX #crypto #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities Here we are more than just «crypto-bros», but an interesting article.

#SPX6900 #SPX #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities Lecturas de la Cognisfera (02): Hoy leemos «SPX6900: Entra en la Catedral Cypherpunk» de Plutérmes @Plutermes Increíble y hermoso artículo de Plutérmes 💎♥️ *También en Youtube y TikTok.

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities 6900>500 💹🧲 #SPX6900

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities The difficulties in the lives of many people will not give a respite, but it is certain that the Sagrada Família will look spectacular 👀 All good people in the world should know that there is a global movement underway whose mission is to flip the stock market, create and redistribute wealth, and empower people. What humanist, what good person, what Christian would disagree with this? Believe in Something 🪽 #SPX6900 💹🧲 6900>500

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities Preparing things 🔥✂️ Barcelona Team working 👷✊😆 #SPX6900 💹🧲 6900>500

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities The Cognisphere could become an alternative to the infomonopoly (information, attention and data): new dynamics, new ethics, new platforms, new readings/visions of socio-political-cultural events. We are in the early stages, and we need the old/centralized/corporate infrastructure. No one can predict how this giant will develop. Perhaps any prediction will fail. I find it suggestive to think that whatever is coming, whatever it may be and however it may take place, had to happen one way or another. There has always been resistance and creative drive. The pattern is shifting in a different direction. #SPX6900 💹🧲 6900>500

#SPX6900 #SPX #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities Lecturas de la Cognisfera (02): Hoy leemos «SPX6900: Entra en la Catedral Cypherpunk» de Plutérmes @Plutermes Link de Youtube 👇 youtu.be/b0DLt1qHnUA

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities 6900>500 💹🧲 #SPX6900

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities 6900>500 💹🧲 #SPX6900

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities I had 80k Velo tokens forgotten in a wallet. I've transformed them. A powerful transformation 💪🔥 6900>500 💹🧲 #SPX6900

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities 6900>500 💹🧲 #SPX6900

#SPX6900 #memecoinsupercycle #hypermemecoinization #PureBeliefAsset #PBA #TokenizedCommunities A Saturday night attack, one of those that I usually try to keep under control. I apologize for the boldness 🙏 It's just a personal opinion or a personal manifestation: The SPX6900 Community is the carrot or the organic tomato in the transgenic industrial orchard. It represents the return to the fundamental values of the communal, where technology is not an end in itself, but merely a means. We are the argot of economic language. And like any genuine argot, we raise the same subversive question: Does argot create language or destroy it? The institution, or rather its ghost, will tell us that it corrupts, impoverishes, that it is a defect, a misuse, a pathological phenomenon that must be eradicated in order to preserve the canonical model. However, argot is the living proof that a system (whether language or the economy) is truly alive. It is alive precisely because it mutates, appropriates, and generates new meanings at the margins of instituted authority. In Deleuzian terms, argot is a minor language: not an inferior dialect, but a line of flight that deterritorializes the major language and reveals its arbitrary and contingent nature. Likewise, the tokenized community of SPX6900 deterritorializes institutional financial discourse (that “major language” of the S&P 500, central banks, and rating agencies) and demonstrates that value, like meaning, can emerge from the bottom up, from collective belief, meme culture, and distributed sovereignty. SPX6900 is, therefore, both carrot and organic tomato, economic argot, proof of vitality and, ultimately, proof of humanity: the affirmation that human beings remain capable of creating shared reserves of value outside the control of institutional powers, using technology as a tool of liberation rather than an instrument of domination. FLIP THE STOCK MARKET / FUCK 500 BELIEVE IN SOMETHING 🪽 #SPX6900 💹🧲 6900>500