What happens when everything becomes memecion?

Translated by: Blockchain Plain Language

Tragedy of Public Resources

In economics, the tragedy of public resources refers to shared resources—such as farmland, fisheries, or clean air—being over-exploited, ultimately leading to collapse. Today, we are experiencing a modern version of this tragedy, not limited to tangible resources, but also encompassing the basic infrastructure of our society:

Social Public Resources: Trust, relationships, community.

Cognitive Public Resources: Curiosity, education, critical thinking.

Economic Public Resources: Stable markets, shared prosperity, institutional trust.

Information Public Resources: Language, reality, basic consensus.

Unlike traditional public resources that collapse due to physical depletion, these intangible resources gradually disintegrate due to systemic incentive mechanisms that reward isolation, conformity, instability, and division.

This might sound bold, but I believe we are moving towards a social operating system of "incelism"—no longer just an online subculture, but the default mode of society. "Incelism" refers to a group of people who consider themselves unable to find romantic partners, often displaying emotions of "resentment, hatred, self-pity, racism, misogyny, and misanthropy". This mindset is eroding public resources: isolation, outsourcing cognition, flattening identity, and performative resentment have become profitable norms. Governance and culture are dominated by memes, hatred, and algorithm-driven anger.

Martin Wolf pierced through the issue in the 'Odd Lots' program: The United States enjoys enormous economic power due to the dollar's reserve currency status, allowing it to easily maintain massive deficits. However, the US seems determined to squander this advantage through chaotic, emotion-driven policy decisions. Wolf bluntly stated: "You are rich and safe—unless you mess up too badly. And now, why do you have to mess up so badly? That is our current situation."

We all know (even those who initially supported tariffs) that this governance is extremely irrational, with policies not based on economic logic, but shaped by resentment and projection. There is no plan at all—Bossert and Lighthizer had to convince Trump to remove tariffs behind Navarro's back. Look at this!

Meanwhile, ordinary Americans are preparing for the impact. Walmart, Target, and Home Depot's CEOs privately warned Trump that tariffs could lead to supply chain disruptions and empty shelves. Who benefits from the trade war? According to NBER, it's companies connected to the government! No wonder Tim Cook personally called!

Nationwide hiring freezes are spreading, causing grassroots economic pain—paying a real price for abstract resentment. According to Goldman Sachs, comprehensive layoffs of federal employees (including contract and funded staff) could reach up to 1.2 million, with the tourism industry losing $90 billion, about 0.3% of GDP. A real cost. For what?

We are burning economic public resources, not because it makes sense, but because our political leaders confuse economic policy with personal grudges. Chaotic markets are thriving, and trust is evaporating.

Information Public Resources

We no longer have a shared reality—only overlapping simulations.

A simple way to judge whether a space has healthy information public resources is: Can you describe reality without immediately triggering an argument? Can we agree on common language, basic facts, or even word meanings? The answer is increasingly: No. I wrote about this in 2022 as well.

Information public resources—language, reality, and basic consensus—are collapsing because we have monetized division. Social media platforms are not built for clarity or understanding, but optimized for engagement, anger, and polarization. Algorithms do not reward nuance but reward certainty, controversy, and emotional triggers.

What replaces consensus reality? Loyalty reality, tribal reality, personalized reality! We no longer debate ideas or solutions, but argue about whose facts matter, whose feelings matter, whose truth wins. Truth itself becomes a loyalty test, not a common foundation. Without shared information public resources, cooperation becomes impossible. We do not solve problems, but argue about who defines the problem! Language is weaponized, reality is fragmented.

Conclusion

So, what should be done? Bitcoin is rising again. Since "Liberation Day", it has decoupled from NASDAQ, rising 10% while the S&P 500 dropped 6%. Its rise is not optimism, but a direct vote on trust collapse (and it has diversified from the US). The rise of assets like gold, silver, defense stocks, and cryptocurrencies reflects fluctuations in social, cognitive, economic, and information domains.

These public resources are being eroded, monetized, and exploited bit by bit. Social trust becomes transactional loneliness. Curiosity is replaced by compliance and cognitive outsourcing. Stable economic governance is replaced by chaotic performance. Shared reality splits into competing tribes and personalized truths.

In other words, we have institutionalized "involuntary singlehood"—no longer just romantic isolation, but a profitable disconnection built into social structures. Market impacts are obvious: As trust erodes, volatility increases, and traditional safe-haven assets regain dominance. Investors either obtain secret information from within governments or diversify investments in precious metals, infrastructure, dividend-paying companies, and global portfolios to hedge against domestic policy's unpredictability.

Social infrastructure has not disappeared forever. Unlike depleted fisheries or farmlands, these intangible resources can be regenerated by choosing connection over transaction, critical thinking over compliance, substance over performance, shared reality over isolated tribes.

Article link: https://www.hellobtc.com/kp/du/04/5758.html

Source: https://kyla.substack.com/p/what-happens-when-everything-becomes