The Thin Control Plane; How Venture Capitalists Hijack Infrastructure, Power, Money and States
A lot of what venture capital does is install some computing between entities… allowing them to commandeer parties on either side.
Take social media, in which they put a thin layer of UI/UX, data storage and computation between us… and us. We just want to talk to each other. But now that they have a control plane in between us, they get to do insane levels of fuckery that is totally out of pocket compared to what value they are providing: algorithms, shadow banning, data harvesting, political interference. Social media should be a publicly owned utility by now, the year of our Lord 2025.
But they never give up their collar once they get it on.
Uber/Lyft, same thing. They put a thin layer between someone who wants to go on a ride and someone who will give it to them in exchange for money. The money, the car, the labor, exchange of services, is all done and provided by us. But they are able to pervert and catapult this into ripping us off to the highest degree, leaving drivers with shit pay, union busting, sometimes predatory loans, and their riders with ridiculous fares. Meanwhile all the VCs and execs get rich as hell.
It is racketeering. Venture capitalists are criminals.
Even in their military installations, the software becomes the control plane over the various vehicles of war; Palantir CEO Alex Karp described this in his recent book:
“The aircraft carriers and fighter jets that defined warfare in the last era will become accessories to software -- the means by which increasingly intelligent systems wield power in the world.”
In cryptocurrency, we see in stablecoins that venture capital is simply wrapping up currencies like the dollar in their own technical infrastructure. This model gives them that thin control plane again, over money and assets and currencies and real estate and basically every financial product in the world.
They are now able subordinate these assets under their infrastructure, their control plane, where they can make money off it, transaction fees, subscriptions, data analytics, surveil it, bundle it up in other financial products, construct loans systems around them (Coinbase lets you borrow stablecoin USDC against Bitcoin, “Get instant loans in USDC while continuing to hold your crypto… Access money instantly when you need it - perfect for down payments, debt refinancing, or urgent bills.”) In this case they pull the asset out of an existing sovereign financial system — the US dollar and financial system — and into their own. The dollar itself becomes a financial product of venture capital.
One of the better ways to understand “crypto” is that it is demolishing the old financial system and moving all of the assets onto its own infrastructure, thereby achieving the control plane needed to generate massive revenue, unseat the incumbents, feed a massive amount of financial information into AI (among other things giving them a massive information asymmetry over global markets especially when co-mingled with other data sources in the VC ecosystem), control the economy, fuck retail over completely to deliver returns to its institutional partners, etc.
Coinbase, the a16z backed massive crypto company, just announced further moves into offering stock on its platform. Making way for the new crypto stock market.
Since they have captured the American regulatory apparatus… I’m pretty sure they will be getting that SEC approval, lolol
And then there is the issue of the nation-state…
and in this case, we see venture capital doing what it does best. Installing a control plane throughout the government, which gives it massive leverage, visibility, and powers of manipulation. This is what DOGE beat down the doors for, for Palantir and Oracle and a16z and their hordes of startups to get inside that bitch, put it on a leash and walk it like a dog.
The Network State becomes a powerful control plane over nation-states, removing sovereignty and sliding in the crypto economic system, a venture capital economy and all its products and services, autonomous policing and military, surveillance systems, proxy politicians, sovereign clouds it controls, its social media and publications…
Over a long enough period, the Network State will become a super-state, an elite state, a colonial state, in which nation-states themselves become “harmonious organs” of the super state and its allies, subordinate to it, colonies. A control plane once again. This is the inherent design of the venture capital apparatus and it can do nothing more but endlessly replicate itself in an ever expanding distributed system. This is just control planes + scale and ambition and terror of the masses.
We see this already in El Salvador, Argentina, the United States (read this essential vcinfodocs on the tech fascist axis). (and please share it, I’m shadowbanned to all hell and a bunch of people are taking advantage of that to erase my work even though these bitches are my sons). (Particularly sick because the reason I am shadowbanned is because I’ve been trying to shut down venture capital for over 12 years and am an actual threat to this system. The VCs would much rather you read the work of newly born “tech critics” and clout chasers than mine, trust and believe that.)
Meanwhile a new pattern of emerging global political parties in line with tech fascism… From Brussels Signal:
“Frauke Petry, former leader of the right-wing Alternative for Germany (AfD) party, has announced plans to start her own political movement, with the main focus on a drastic recalibration of State expenditure.
‘The gap in the party system is not between the CDU [Christian Democratic Union] and the AfD,’ Petry told German newspaper Welt on May 6. What the country was missing was ‘an anti-statist, libertarian offer’, she said.
Read a banging new piece by Andreas Kemper in an article about this “Team Freedom”, “a ‘new type of party,’ whose most prominent representatives come from the AfD: Frauke Petry and her husband Markus Pretzell. Petry served as AfD chairwoman for a long time…”
The connection between Petry's "Team Freedom" and Musk's "American Party"
Lede: What connects Frauke Petry's new party, ‘Team Freedom,’ with Elon Musk's potential ‘American Party’? Both parties are backed by internationally investing tech bros who pursue only one goal: to destabilize democracy worldwide.
“The influence of a few tech bros on social media platforms, payment services, artificial intelligence, brain-computer interfaces, communications satellites, automated military drones, and the like should be constructively frightening. Especially when they now also exert more or less direct influence on elections with ‘anti(democracy) policies.’ The chainsaw could become the new fascist salute, and the ‘Afuera!’ battle cry the ‘Sieg Heil!’ of a digital fascism that would correspond to the post-Fordist capitalism of the 21st century.”
Lots of great information in that article so check it out! Installing parties in these countries offers yet another control plane.
Defeating tech fascism will require global solidarity and organization. There are no other options. Tech fascism is a global threat aggressing many countries in the world already. Working together may be our only chance.