Crypto justice

I’m not sure whether Sam Bankman-Fried will be feeling that his 25 year sentence for authoring the FTX debacle means he has got off relatively lightly; it was suggested at one point that he might be looking at something closer to a full century, but with time off for good behaviour he might yet be out before he turns 50.

Bleeding-heart liberal that I am, I can’t really see the point in locking him up at all; there must surely be some way he could be obliged to work in the service of the community, though I guess it would take a lot of highway litter-picking to pay off a debt to society that runs into the billions. Perhaps it is for the best that he serves as a cautionary example to those tempted to accumulate wealth by any means, but, given that the financial world is otherwise entirely organised to incentivise such behaviour, I suspect the only lesson aspiring SBFs may learn is “Don’t get caught”.

Oscar predictions 2024 revisited

So, the Academy agreed with two of my Oscar picks, which reassures me that I’m not entirely out of touch with popular cultural opinion, but, as expected, Oppenheimer was the big winner on the night. Anatomy of a Fall, my favourite film of the year, did at least pick up the award for Best Original Screenplay, and its canine star Messi was undoubtedly the star of the red carpet, so I’ll take that as further confirmation of my critical acumen.

Oscar predictions 2024

It’s that time of year again; here’s how I would vote were I a member of the august Academy:

  • Best Actor
    • Jeffrey Wright
  • Best Actress
    • Emma Stone
  • Best Supporting Actor
    • Ryan Gosling
  • Best Supporting Actress
    • Da’Vine Joy Randolph
  • Best Director
    • Justine Triet
  • Best International Feature
    • Perfect Days
  • Best Picture
    • Anatomy of a Fall

Do I think any of my choices will actually win? Judging by what the critics are saying, and how the Golden Globes and BAFTAs turned out, I reckon Emma Stone and Da’Vine Joy Randolph have a pretty solid chance of picking up a statuette, and Ryan Gosling might just sneak in too, but otherwise it looks like Oppenheimer will sweep the board, with The Zone of Interest favourite for Best International Feature.

I have to say that I wasn’t that taken with Oppenheimer; I thought it was too long, and not as profound as it seemed to think it was. In my opinion Anatomy of a Fall, Perfect Days, and American Fiction were all much better, exploring universal themes while staying rooted in individual experience. That said, Oppenheimer does have the combination of grand spectacle and well-drawn characters that made it a genuine cultural phenomenon, so I guess Christopher Nolan deserves the accolades that seem likely to rain down on him come Sunday.

Superbowl LVIII review

So it turns out that San Francisco didn’t need any bad luck from us to lose the game; they were able to fuck it all up entirely on their own.

To be fair, there’s no great dishonour in losing to a side as useful as Kansas City, but the 49ers had multiple chances to put the match beyond even Mahomes’ ability to stage a last-minute comeback.

That’s my deeply uninformed opinion anyhow, possibly not enhanced by sleep deprivation, as I stayed up to an ungodly hour to catch the game live. It was the first time I’d watched a full American football match for years, and I have to admit that, even with the high stakes, I found it a bit dull. I guess a true aficionado might have appreciated the efficiency of the defensive play, but it was too stop-start for me. My experience of US sports generally is that they are best watched in company, so there is some distraction when things get slow on the field, but I don’t really know anyone else who has more than a passing interest in anything other than Association football, so I might have to stick to just reading the match reports from now on.

Superbowl LVIII preview

Just a few hours to go before we discover if my confident prediction that San Francisco would prevail in Las Vegas will be borne out, or whether the curse of SLS will doom another hot favourite to ignominious failure.

The 49ers faltering performances in the playoff rounds had given me some doubts, but I had more or less convinced myself that they had enough to overcome Kansas City, until I read about the Deep State plot to ensure that Travis Kelce’s team come out on top, in order to boost the profile of the obscure singer-songwriter he is currently dating, which will apparently help Joe Biden get re-elected. I guess if it keeps Trump out then it’s a price worth paying.

In other Trump-related news, my forecast that the Supreme Court would body swerve the question of the ex-president’s eligibility, or lack of it, under the 14th Amendment seems set to be confirmed, as oral arguments in the case revealed that just about all the Justices wanted nothing to do with such a potentially explosive decision. So, assuming that both of the elderly gentlemen make it to November, it looks like the Biden-Trump rematch is very much on.

Modest predictions

If there has been an identifiable trajectory to my existence over the last year or so, it has been towards living in the moment. My sense of time has subtly but definitely shifted. The past has blurred into an achronological continuum, to the extent that I am often shocked to discover that events which are fresh in my memory actually occurred decades ago. I have been finding it increasingly difficult to think about the future in anything other than the most abstract terms. Only the present seems to have any tangible reality.

I am somewhat ambivalent about this development; I have a nagging feeling that my lack of attention to forward planning will come back to bite me at some point, but, on the other hand, my life at the moment is generally agreeable, and it seems a shame to dilute my enjoyment of it by dwelling on the past, or worrying about the future. My instinct, for the time being at least, is to lean into it, and savour the ride.

This is a rather roundabout explanation of why I am going to limit myself to the vaguest possible forecast of events for the year ahead. I would probably prefer to avoid making any predictions at all, but even a semi-detached observer like myself can see that 2024 is shaping up to be fairly momentous, so I feel honour-bound to lay down at least a few markers.

It is sadly safe to say that war will remain a feature of international relations for the foreseeable future, but the exact course of the current active conflicts in Ukraine, Sudan, and Palestine is harder to predict.

I suspect that a de facto armistice will occur in Ukraine; there seems to be no appetite in the US or EU to supply the Ukrainian army with the materiel needed for a successful offensive, and Russia has more or less realised its original objective of annexing the Donbas and securing a land bridge to Crimea, so the hostilities may settle into a pattern of occasional exchanges of drone strikes.

The Sudanese civil war had seemed to be moving towards a similar stalemate, but recent fighting has seen the paramilitary RSF make gains, so an upsurge in violence may well be on the cards.

Meanwhile in Palestine, the Israeli government seems determined to continue pursuing a strategy of maximum destruction, but I can’t see how Netanyahu will be able to maintain external or internal support for such an obviously illegal and ultimately self-defeating policy, especially if a second front opens up on the northern border, so some sort of ceasefire seems likely to materialise, though it may still be months away.

Whatever happens on the battlefields, it’s certain that civilians will continue to endure unimaginable suffering, and that, along with the demise of any pretence that we live in a rules-based international order, will be something the world will have to grapple with for years to come.

Significant elections will take place this year, on both sides of the Atlantic. The timing of the UK poll is as yet uncertain, but my guess would be late spring or early summer. It’s hard to imagine any outcome other than a landslide Labour victory, but the campaign will be brutal, and the victors will inherit a country in a desperate state, so even if, as seems likely, Keir Starmer puts together a technically competent administration, there will still be many difficult days ahead.

The situation looks even less promising in the US. Several highly divisive questions need to be resolved before we can even think about the vote in November. Will the conservative justices on the Supreme Court lay aside their originalist principles and allow Donald Trump on to the ballot, despite the 14th Amendment being clear on the matter? Will Republican primary voters abandon Trump as his legal woes mount? Will the GOP establishment unite behind Trump if he does become the nominee? My guess is yes, no, and yes. It seems a little more certain that Joe Biden will be the Democratic candidate, barring any health-related problem, and I’m sure he would prevail in a fairly contested general election. Whether the poll will proceed smoothly is somewhat less certain though. One might expect that Biden’s control of the Federal government would ensure a level playing field, but Republican lawmakers in state governments have already taken steps to disenfranchise potential Democrat voters, and Trump may incite his followers into more overt election interference, before, during, and after the vote. Despite all this I have enough faith in the good sense of the American people, and the robustness of their institutions, to believe that Biden will be sworn in for a second term.

So, it turns out I can still conjure up some opinions, if I put my mind to it. The process has left me kind of bummed out though, so I’ll switch to a lighter topic for my final forecasts.

Ever since my last trip to California in 2022 I’ve been daydreaming about moving to San Francisco, or at least organising an extended stay there. In lieu of actually doing anything to turn that wish into a reality I’ve been vicariously experiencing the Bay Area lifestyle by reading restaurant reviews in the San Francisco Chronicle, and following the fortunes of the local sports teams.

Over the summer I had high hopes that the Giants would make the World Series, before a late season slump saw them miss out on even a wild card spot. They hired a new manager, Bob Melvin, but failed to sign Shohei Ohtani, so I don’t think they’ll do much this year.

The Warriors at least reached the playoffs last season, but this season they’re 15-17, and looking very ordinary, so I doubt they’ll get to the postseason.

But the 49ers! I thought they were incredibly unlucky to lose to Philadelphia in January, and this season they’ve been (almost) unstoppable, if you discount a late October blip, and an off day against Baltimore. So my 100% confident, bet the farm on it, can’t lose prediction for 2024 is San Francisco to win the Superbowl.

2023: The year in review – Part 1: Culture

Here we are at the end of December, time to look back on the year that has just passed. I’ll summarise our blogging output, such as it was, in the next post, but first up a run through of some of my personal cultural highlights of 2023.

Television – after a peak during the pandemic, my TV-watching has reverted back to being practically non-existent. The only new programme I took in was the third season of Only Murders in the Building, and even that I binge-watched over a couple of evenings. I do occasionally dip into back episodes of comedies like Arrested Development, or It’s Always Sunny in Philadelphia, but otherwise the medium is essentially dead to me. I’m not sure if that will change in the year ahead, though I’ll probably keep my various streaming-service subscriptions going just in case something good comes out.

Film – I did make much better use of my membership of our local art-house cinema this year, going more or less weekly for a spell, though that did tail off a bit more recently. Highlights included a Wes Anderson season ahead of the release of Asteroid City, anniversary revivals of classic films I just about remembered from the first time around, like Variety, Dazed and Confused, Gregory’s Girl, and Stop Making Sense, homage to the noughties NYC music scene Meet Me In The Bathroom, and of course summer blockbuster Barbie (though I skipped Oppenheimer, which I was not in the mood for at the time; I guess I should try to catch it before the Oscar nominations come out). My favourite film of the year was Anatomy of a Fall, an intriguingly ambiguous exploration of whether it is ever possible to really know another human being.

Books – My top read during 2023 was Richard Ford’s original Frank Bascombe trilogy, particularly The Sportswriter; the story of a middle-aged white guy navigating existential uncertainties unsurprisingly struck a chord at this point in my life. Other fiction I enjoyed included some more volumes of Armistead Maupin’s Tales of the City, Nathanael West’s lurid LA nightmare The Day of the Locust, and a re-read of Sacher-Masoch’s classic Venus in Furs. In non-fiction there was Haruki Murakami’s Novelist as a Vocation, various works by Bertrand Russell, and, balanced somewhere between philosophy and fiction, Benjamín Labatut’s meditation on the implications of Artificial Intelligence, The Maniac.

Music – I finally got with the times and signed up for a Spotify account this year, and I’ve been relying on their algorithm to supply my general background soundtrack. I’m still undecided on whether this is a good or a bad thing; it has introduced me to a few new artists, but mostly plays my old favourites. I do still read the music press, and listen to the radio, which I hope is enough to steer me towards some fresh albums; here are my top ten from 2023:

Compiling this annual retrospective, and comparing it with entries from previous years, I’m unable to escape the conclusion that the breadth of my cultural horizons is inexorably shrinking, in terms of the absolute number of books, movies and records that I consume (as enumerated in our Tumblr), but also in my willingness to look outside of my habitual preferences (which were probably always more fixed than I cared to admit). In my more pessimistic moments I consider this an inevitable consequence of advancing age, but every now and again I feel a spark of enthusiasm for some new experience, which is enough to reassure me that I’m not ready for the scrapyard just yet. Perhaps 2024 will be a year of personal renaissance, I guess we’ll see.

So much for my internal world; what of my engagement with external reality through the medium of this blog? Read our next post to find out…

No crypto

In a development which won’t have surprised anyone who had paid even passing attention to the case laid out by the prosecution, a jury in Manhattan took only four hours to convict Sam Bankman-Fried, erstwhile CEO of collapsed crypto exchange FTX, on all seven charges he faced in connection with the scandal, encompassing wire fraud, money laundering, and, for good measure, securities and commodities fraud. Bankman-Fried reportedly faces more than 100 years in federal prison, and still has another trial on related charges to look forward to next year.

What’s interesting is that, despite his reputation as a DeFi genius, SBF’s crimes were spectacularly low-tech; he took the money entrusted to him by credulous depositors, and spent it on stuff. The crypto veneer added nothing, other than some distracting stardust, and a rationale for registering his company in the Bahamas, thus avoiding US regulatory purview. Even without such oversight it’s hard to see how SBF thought he could get away with it, unless he had become so intoxicated by his own publicity that he believed he really could spin gold out of digital straw.

The FTX debacle, along with various other blockchain-related fiascos, seems to have dealt a fatal blow to the NFT market, a development so predictable that even we managed to see it coming at the peak of the frenzy in 2021.

Despite all this Bitcoin is still doing relatively well, presumably because, unlike pictures of jaded simians, it actually has a use value, albeit one that appeals mainly to criminals looking to transfer funds clandestinely, though even that is not foolproof.

None of this is new of course, as we wrote way back in 2010, apropos of the blog-related scams prevalent in those days:

Persuading people to suspend their disbelief by invoking some magical new paradigm must go back to the days when enterprising cavemen extracted shiny pebbles from their gullible fellows by promising to share the secrets of how to generate revenue using that new “fire” thing that everyone was talking about.

So I think I’ll continue to pass on crypto, or whatever incomprehensible tech-based get-rich-quick scheme comes along next, and stick to old-school working for a living.

Burning dilemma

There was a period back in the mid-00s when I harboured a desire to attend the Burning Man Festival, but the logistics always defeated me, and in the end I sadly accepted it was never going to happen, consoling myself by taking in the Second Life version instead.

More recently, as my life has progressed and I have become somewhat less encumbered by responsibility, the thought of going has entered my mind again, and when I read last month that tickets were more available than usual this year I wondered if I should drop everything for a quick transatlantic trip.

Predictably enough I didn’t get my act together, and just as well, as it’s turned out fairly grim. (Though not by all accounts; some people seem to be having a fine time). In any case I would probably have felt a bit conflicted by the inflation of my carbon footprint consequent on such a frivolous excursion, as well as the environmental cost of the festival itself, not to mention the morality of lavish expenditure in the midst of a cost of living crisis. Perhaps I can recreate the vibe on a more sustainable scale by getting stoned and lighting some garbage on fire in my own backyard this weekend…

Retrumped

Looking through our extensive archive, I see that our first mention of Donald Trump came back in 2007, in a post about the Second Life real estate market, where he is referenced in his capacity as an archetypal successful tycoon, though even at that time there was a cartoonish element to his public persona.

Trump next turns up in late summer 2015, when we note in passing that his popularity is rising. Into 2016, and his name features more frequently, as we first dismiss the possibility that he will be the Republican nominee, then assure readers that he has no chance of capturing the Presidency.

(In defence of that latter prediction I would point out that Hillary Clinton won the popular vote, which in any normal country would have given her the job, but we reckoned without the vagaries of the Electoral College).

Unsurprisingly, the antics of the Executive Branch provided material for plenty of posts over the next four years, culminating in the tragicomedy of the Capitol riot.

I’ll admit that at that point I thought Trump would cut his losses and retire to the lucrative lecture circuit, a career move which would probably have kept him out of jail, since, notwithstanding high-minded rhetoric about nobody being above the law, the US doesn’t really see itself as the sort of country where you can be locked up for losing an election. However, for whatever reason, he’s decided to run again, exposing himself to legal peril, and pitching us into a rerun of the GOP primary of eight years ago, but this time without the laughs.

Where will it all end? My track record of forecasts on this topic is obviously abysmal, but I’ll hazard a guess that Trump will be the Republican candidate in 2024, and that Joe Biden will beat him again. His various trials will be postponed until after polling day, but his misdeeds will eventually catch up with him.

Will Trump attempt another coup when it becomes obvious he has no chance of a legitimate win? He may, but if it’s anything like the laughably amateur affair detailed in the Georgia indictment, then it seems very unlikely he will succeed, and the heavy sentences being handed down to the would-be insurrectionists of January ‘21 will deter all but the most deluded of his followers from joining in.

That’s how I see things today anyhow; my opinion is subject to change as events unfold. If nothing else, the renewed Trump Show should inspire me to post a little more frequently over the next few months, which may not entirely make up for the chaos he could unleash, but will at least keep me amused.