The new masters of the universe are Tech Bros (mostly Silicon Valley) and Fin Bros (mostly Wall Street). What's top of mind these days for the Tech + Fin Bros? AI, of course. But there's also Cryptocurrency, which has become their second obsession. When Trump appointed David Sacks as his AI Czar, it wasn't just about artificial intelligence - Sacks would oversee both AI and Cryptocurrency policy. This dual portfolio is no accident. What is cryptocurrency? How does it work? And why are the Tech Fin Bros obsessed with it? Let's try to understand what's really going on.
And when we say Tech-Fin Bros, we're not talking about your garden-variety millionaire. The entry ticket to this club isn't the mere $4-5 million that puts you in the top 0.1% of global wealth. That's pocket change. Real Tech-Fin Bros start at $100 million - the top 0.001%. But the true inner circle? That's reserved for billionaires, a club so exclusive it makes the top 0.001% look like the middle class.
1: Getting Z-Coins of the Ground
Imagine a Las Vegas casino dreaming up a new business model. "Old-style gambling still rakes in the dollars, but we need to up our game. We need to create an entirely new kind of gambling," announces the CEO at a board meeting. "Instead of people just betting on cards or dice, what if they could bet on the chips themselves? Digital chips, let's call them tokens. Tokens that could soar in value or crash to nothing. People could gamble at our tables, but they'd also be gambling on the value of the tokens themselves anywhere in the world. The beauty is, they never have to set foot in our casino - but we'll be sitting on a fortune either way. It's like owning a piece of every gambling table in the world."
Thus was born the Z-coin.
"Here's how the Z-coin will work," the CEO continues, warming to his vision. "We'll start by offering them only to winners of our invite-only poker tournaments. Fifty Z-coins for each tournament winner. We'll back each Z-coin with $1,000 in casino chips - that gives them real value to start. But here's the brilliant part: we'll announce a strict cap of 21 million Z-coins total. Ever. And we'll mine 30% of them ourselves right at the start, before anyone else even understands what's happening. We'll make sure our friends get in early too. Then we'll let people trade them, speculate on them, create their own markets. Some businesses might start accepting them as payment. Traders will set up exchanges. The price could go to $2,000, $5,000, who knows? And we'll be sitting on 7 million coins from the beginning. With artificial scarcity and growing demand, our share could be worth billions."
2: Z-Coins Takeoff
The Z-coin experiment works better than anyone imagined. At first, only casino insiders and their tech-savvy friends participate in the tournaments. Regular gamblers scoff - why bother with these digital tokens when you can play regular poker? But within months, the street value of Z-coins starts climbing above the $1,000 casino guarantee. $2,000. $5,000. $10,000. Now everyone wants in.
Exchange offices pop up along the Strip, offering to buy and sell Z-coins at market rates. Finance bros from Wall Street set up trading desks. Silicon Valley creates apps for tracking Z-coin prices. The business press starts covering daily Z-coin price movements. CNBC runs daily Z-coin updates. Twitter fills with Z-coin trading advice. Self-proclaimed Z-coin experts emerge overnight, charging thousands for 'investment seminars.'
Meanwhile, the casino's original stash of 7 million Z-coins is now worth billions. The CEO becomes a regular on financial news shows, predicting Z-coins will hit $100,000 each. "This is the future of money," he declares. "We're not just disrupting gambling - we're disrupting finance itself." Nobody points out the obvious: that the casino and its friends still own most of the coins, or that the whole thing started as a marketing gimmick for poker tournaments.
The casino's board, worried about regulatory scrutiny of gambling operations, makes a brilliant move. They spin off their Z-coin operation into a new company: "Digital Financial Technologies." To lead it, they select Zack Friedman, a 24-year-old MIT dropout who looks barely old enough to gamble. With his disheveled appearance, cargo shorts, and well-cultivated persona of the brilliant but eccentric tech genius, he's the perfect face for the operation. "He's a prodigy," the press gushes, "the next Mark Zuckerberg." Nobody seems to notice that the casino's executives and their friends still control most of the board seats and coins.
Friedman becomes a media sensation. His casual attire and apparent disregard for social norms - he famously conducts board meetings while playing video games - only enhance his mystique. "Z-coin isn't about gambling," he insists in interviews, awkwardly shifting in his gaming chair. "It's about democratizing finance. It's about freedom." Institutional investors, eager to seem tech-savvy, pour in billions. The fact that Friedman himself owns few Z-coins, while the original casino insiders maintain their massive holdings, goes largely unremarked.
3: The Washington Connection
Then Washington gets involved. Friedman begins making regular trips to DC, though he still wears his cargo shorts to congressional hearings. He preaches the gospel of 'financial innovation' while fidgeting with a Rubik's cube. The casino's original executives, now more discreetly in the background, work the real levers of power through their lobbying firms. Congressional hearings are held on 'The Future of Digital Currency.' Former regulators join Z-coin ventures, while Z-coin executives slide into government positions.
A revolving door starts spinning: from Wall Street to Silicon Valley to Washington and back. Tech Bros and Finance Bros become Government Bros. They write position papers about 'regulatory frameworks' and 'innovation-friendly policies.' The same people who created, promoted, and profited from Z-coins are now writing the rules to govern them. "We need American leadership in digital currency," they testify, "or we'll lose out to foreign competitors." Nobody mentions their personal stakes in Z-coin's success
While Friedman plays the role of the awkward tech visionary in public hearings, stuttering about "blockchain revolution" and "decentralized future," seasoned lobbyists and executives from Digital Financial Technologies work the back channels. The casino's marketing gimmick has evolved into a perfect closed loop of money, technology, and power, with a carefully crafted public face that masks the old gambling money behind it all.
4: The Dark Turn
The Z-coin ecosystem takes an even darker turn. The ability to transfer tokens digitally, outside normal banking channels, attracts drug cartels and money launderers. "Know Your Customer? We barely know our customers" jokes a Z-coin exchange operator. Foreign governments, seeing an opportunity to evade sanctions, begin accumulating Z-coins through front companies. Russian oligarchs, Chinese officials, and sanctioned states become major players in the shadows.
During congressional testimony, Friedman appears bewildered by questions about illegal activities. "We're just creating the technology," he stammers, pushing his unwashed hair from his eyes. "We can't control how people use it." Behind the scenes, Digital Financial Technologies' compliance department, still staffed by many of the original casino executives, maintains a careful see-no-evil policy. The company's revenue from transaction fees soars.
But the real genius of the system reveals itself in its Ponzi-like structure. Early adopters and large holders - the casino insiders, their friends, and early tournament winners - become natural promoters. Every tweet, every TV appearance, every congressional testimony pumping Z-coins enriches them further. They don't need to sell; they can borrow against their holdings, take out loans using Z-coins as collateral. Major banks, seeing the political winds shift, start offering Z-coin services. The Federal Reserve, worried about 'losing the digital currency race,' begins developing its own digital dollar, legitimizing the whole concept.
5: The Bitcoin Parallel
The final irony? When Z-coin prices crash, these same banks and institutions receive government bailouts to prevent 'systemic risk.' The casino's original insiders get to keep their gains while the public absorbs the losses. Friedman appears on CNBC, looking appropriately disheveled, urging calm and promising "revolutionary upgrades" to the Z-coin protocol. All this for a token that produces nothing, creates no economic value, solves no real problems. The house always wins - but now the house is global, digital, and too big to fail.
Change 'Z-coins' to 'Bitcoin,' and you have the actual story of cryptocurrency. Instead of poker tournaments, early Bitcoin was 'mined' using powerful computers solving complex puzzles - an invite-only game for tech insiders who understood the system before anyone else. Just like our imaginary casino executives, Bitcoin's creator 'Satoshi Nakamoto' mined about a million coins in the early days before disappearing. The cap of 21 million Bitcoin? Just as arbitrary as our casino's 21 million Z-coins.
The parallels continue. Just as Z-coins moved from casino novelty to global phenomenon, Bitcoin went from tech curiosity to supposed 'future of money.' The same ecosystem emerged: exchanges popping up everywhere, Wall Street creating trading desks, Silicon Valley building apps, self-proclaimed experts selling courses, and media tracking prices obsessively. Early insiders became billionaires, not through any real economic value creation, but through being first in a speculative game.
Even the government loop played out identically. Crypto executives and venture capitalists like our friend David Sacks move seamlessly between Silicon Valley, Wall Street, and Washington. They lobby for 'regulatory frameworks' while sitting on fortunes in digital tokens. They warn about 'foreign competition' while pushing policies that protect their investments.
But here's what should keep policymakers up at night: nobody knows how much Bitcoin is held by foreign powers. China, Russia, Iran, North Korea - countries looking to evade sanctions or destabilize the dollar - have had years to accumulate massive holdings through front companies and crypto exchanges. Just as Z-coin's true ownership was obscured by layers of shell companies, Bitcoin's biggest whales might not be the Tech-Fin Bros at all, but rather hostile states playing a longer game.
The only real difference between our Z-coin story and Bitcoin? Scale. While our casino story is fiction, cryptocurrency has created a multi-trillion dollar system of speculation that makes Las Vegas look like a church bingo night.