Bots are taking over the internet. Bots are taking over crypto. Bots are moving and manipulating the crypto markets and we are their tools, their puppets, their enablers.
Am I serious? Am I joking?
Half half.
Bots certainly have the potential to massively influence small markets - like the markets on coinmarketcap.com mapping in real time the struggle of new altcoins as they try to rise above the pack (merit has no place here).
There are some great altcoins at the moment suffering huge swings in their market cap as bots make hay with human emotions and they coldly take profits for their human (one presumes) masters.
Is this inevitable? Seemingly.
Is it sustainable? Probably - it's just the free market in fast forward and loaded up on crack. Nothing we haven't seen before, just a bit more intense.
Is it tenable? We will see.
But what are the alternatives? To wage war against bots and their human (we presume) masters?
I don't think any of us are there yet. And a good thing to. How, even?
And yet, the crypto markets are the ultimate expression of cross-border, unrestrained free markets.
And people are losing against the remorseless cold hard logic of bots as they manipulate human emotions for profit.
Is this what people mean when they refer to the wisdom of the market?
Maybe it's not a question of waging war on bots.
Maybe it's a question of bots waging war on us.
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Picture courtesy of pixabay.com and memed up by
