By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 17/06/2026I would add that post-2020 Musk created the world's hungriest money-furnace, an automated child-porn production tool called "XAI": crookedtimber.org/2026/06/15/o... 4/crookedtimber.orgOne big grift — Crooked Timber 231848
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 17/06/2026Quiggin declares that this is the era in which "financial markets fail in the task of valuing assets accurately," and "the institutional structures that are supposed to make them work have given up trying." Nor did this start with the Spacex IPO. 5/ 130435
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 17/06/2026As Quiggin writes, Bitcoin and other cryptos were once shunned by nominally sober financial institutions like Goldman Sachs. 6/ 221819