Tokenistan/Big in Japan

Y’all remember back when money was just… money? paces across stage Man, nowadays you got people investing their life savings in something called “MoonPuppyElonRocket Coin.” What kind of name is that?

imitates crypto bro voice “Nah man, you don’t understand, it’s gonna revolutionize the way we buy digital pictures of bored monkeys… TO THE MOON!”

I’m sitting there like, brother, the only thing going to the moon is your blood pressure when this thing hits zero.

takes drink of water

These crypto folks got their own language too. They be like “Yo, did you see the new white paper?” White paper? In my neighborhood, the only paper we cared about was green! But now I got my nephew talking about “diamond hands” and “HODL.” I’m like, boy, you can’t even hold onto your phone for more than six months without breaking it!

And don’t get me started on these NFTs. People paying millions for digital art that looks like something my 5-year-old could make if I gave her an iPad and too much sugar. At least when I waste my money at the casino, I get free drinks and a buffet!

walks to other side of stage

Every day there’s a new token. CatCoin, DogeCoin, RatCoin… what’s next, PigeonCoin? “Revolutionary new cryptocurrency for urban birds!” Get the fuck outta here!

And these crypto bros be having meetings in something called “Discord.” Back in my day, discord is what happened when you played the wrong note in band class. Now it’s full of people typing “wen moon” and posting rocket emojis.

leans on microphone stand

But the worst part? The worst part is these influencers. Every Instagram model suddenly became a financial advisor. “Hey queens! 💅 Just mortgaged my house to buy SuperShibaCumRocket tokens! Don’t forget to use my referral code!”

shakes head

Y’all know what happens when your financial advisor’s main qualification is having 100,000 followers on TikTok? The same thing that happens when you let your drunk uncle do your taxes – somebody’s going to jail, and it probably ain’t them!

takes another sip

And these blockchain people… man. They talk about “decentralization” like it’s gonna solve racism or something. “The blockchain gonna fix everything!” Really? The blockchain gonna fix my knee that’s been hurting since ’92? The blockchain gonna make my ex-wife stop calling?

I saw a dude the other day wearing a shirt that said “Ask Me About Mining.” Mining? Brother, you live in a studio apartment in Brooklyn. The only thing you mining is your mama’s patience!

dramatic pause

But you know what’s crazy? In the end, all this crypto stuff is just teaching us the same lesson we already knew: If something sounds too good to be true… it’s probably got a Telegram group with a Russian guy named Dmitri who’s about to disappear with everybody’s money.

adjusts mic

Y’all remember that song “Big in Japan”? Man, in the 80s, EVERYBODY was big in Japan. Japan was buying everything. Rockefeller Center, Pebble Beach, Michael Jackson’s catalog… They was shopping like they just got their first credit card!

imitates 80s businessman
“Hey man, what you doing?”
“Oh, just buying Hawaii real quick. You want some?”

normal voice
Japanese businessmen were walking around Manhattan like they owned the place… because they DID own the place! The whole country was flexing with that bubble economy money. Real estate to the moon!

paces thoughtfully

But here’s the crazy part – all that money? It wasn’t even real! It was like unrealized gains before we even knew what unrealized gains were. They invented that “I’m rich on paper” shit!

leans forward

Speaking of paper billionaires… let me tell you about these tech bros today. At least the Japanese bought real stuff. These new cats be like “I’m worth 200 billion!” But try to buy a sandwich with that stock option pack…

imitates tech founder
“Sir, this is a Wendy’s. We don’t accept unrealized gains as payment.”

shakes head

The Japanese bubble was like the beta test for what we doing now. They had real estate, we got JPEGs of monkeys. They had Sony, we got startups that ain’t never made a dollar. Progress, right?

takes drink

And you know what’s wild? When Japan’s bubble popped, they at least had some dope ass buildings to show for it. All these companies now? Their assets is literally in the cloud. Not even the real cloud – the metaphorical cloud!

gets animated

We got billionaires out here playing space cowboys, but their whole net worth could disappear faster than a Snapchat message. One bad tweet – POOF! – there goes 50 billion! That’s some next level gambling right there.

imitates financial advisor
“Sir, your portfolio is worth negative infinity dollars.”
“How?!”
“You tweeted about crypto while Mercury was in retrograde.”

straightens up

Japan in the 80s was like the prototype for all this crazy shit we got now. They was doing billion-dollar deals while drinking sake in karaoke rooms. Now we got bros making billions while posting memes from their gaming chairs.

shrugs

At least back then you could touch the stuff you was overpaying for. Now? These tech billionaires be like “Trust me, bro, this line of code is worth more than your whole family tree.”

imitates tech bro
“Yeah, we don’t have a product yet, but our TAM is everyone who’s ever breathed oxygen. That’s like… at least 12 people!”

shakes head slowly

We really went from “Big in Japan” to “Big on Paper.” And that paper getting thinner every day… but hey, at least we got some funny tweets out of it!

walks across stage

Man, you could always spot these “Big in Japan” cats in Hollywood. They’d be posted up at Sunset Strip clubs, looking like they raided David Lee Roth’s garage sale.

imitates musician at bar
“Yeah man, my album tanked harder than New Coke here… but in JAPAN? pulls out wrinkled magazine That’s me on the cover of ‘Tokyo Rock Gods Monthly’!”

normal voice
You run into these dudes at The Rainbow, they living in a studio apartment in North Hollywood with five roommates, driving a ’84 Civic… but supposedly they got platinum records in Osaka!

imitates conversation
“Bro, where’s your mansion?”
“Oh, uh… all my money’s tied up in yen. Exchange rates, you know how it is…”

takes sip of water

Every failed actor and musician in LA had that Japan story. It was like their backup girlfriend in Canada, except this one bought their albums! Japan was like the rich uncle of the music industry – always there to bail you out when America wasn’t feeling your sound.

struts across stage

And the best part? In the 80s, nobody in Hollywood could read Japanese! You could show up with a Japanese newspaper talking about a fish market, claiming it was your album review.

holds up imaginary newspaper
“See right here? Five stars! …What do you mean this is a sushi menu?”

leans forward

You’d see these cats at the Guitar Center on Sunset, telling war stories about their Tokyo tours… meanwhile they can’t even afford to pay the late fee at Blockbuster. But in Japan? They swear they got their own action figure!

imitates desperate musician
“My record label dropped me, my girlfriend left me, and I’m living in my van… but my pachinko machine comes out next month in Shibuya!”

Man, Japan was saving more careers than rehab! It was the original GoFundMe for desperate artists. Before SoundCloud, before YouTube, before OnlyFans – there was just “But I’m big in Japan!”

Best Friends

adjusts mic stand

Y’all ever notice how America’s like that one friend who can get into a huge fight, but then be cool the next day? Like, we got this weird superpower of turning enemies into homies.

paces thoughtfully

Look at Germany and Japan. We had the biggest fight in history with these folks. But then a few years later we’re like “Hey… you wanna go to the mall? Maybe get some McDonald’s? Build some cars together?”

imitates diplomatic voice
“Dear Germany, we know things got a little heated back there… but we love your beer and those cars you make. We cool?”

And Japan? We went from Pearl Harbor to “Y’all got any more of them PlayStation 5s?” That’s some next-level forgiveness right there. Now we’re best friends, trading Pokémon cards and anime recommendations.

takes a sip of water

But some folks, we just stay mad at. We hold that grudge like it’s our job. Like we’re getting paid overtime for being salty. Got me wondering – is it because they never apologized? Or because they never invited us to go shopping?

leans on mic stand

I mean, if you think about it, we’re like that high school kid who can squash beef with anybody… as long as they let us sit at their lunch table afterward. Share some snacks, maybe collaborate on a group project…

shrugs

But I guess some people just ain’t trying to share their snacks. And that’s how you stay on America’s “We Don’t Sit Together” list for like… seventy years.

straightens up

It’s wild though – we really out here like “Oh, you got Nintendo? All is forgiven! But you won’t let us open a Starbucks? That’s it, we’re gonna have beef until the end of time!”

shakes head slowly

Man, y’all wanna hear about the biggest missed connection in history? This is like a Craigslist post gone wrong on a global scale.

imitates reading from phone
“Missed Connection, 1991: You – collapsing empire with rocket scientists. Me – capitalist nation with McDonald’s. Could’ve been something special…”

paces with purpose

We had this moment, right? Soviet Union falls, and we got all these Russian rocket scientists just sitting there. Literal rocket scientists! These dudes could’ve had us building condos on Mars by now. But what did we do?

switches to Wall Street broker voice
“Nah, forget space travel… check out these DERIVATIVES, baby! Why explore the cosmos when you can explore financial instruments nobody understands?”

normal voice
We really looked at the people who put the first man in space and was like, “That’s cool and all… but have you heard about credit default swaps?”

pretends to be investment banker
“Sure, you can get to Mars, but can you bundle subprime mortgages? That’s where the real money is!”

takes drink of water

We could’ve had the greatest space collaboration since… well, ever! Instead, we got Excel spreadsheets full of synthetic CDOs. Real smart move there, America. Real smart.

leans forward

You know what’s wild? While we were busy inventing ways to make money from making money from making money, the Russians were probably sitting there like, “Damn, we got all these space blueprints just collecting dust. Maybe we should’ve shown them our cool moon rover instead of our cool bankruptcy.”

imitates confused Russian scientist
“We have plans for Mars colony, but they only want to talk about mortgage-backed securities. Maybe they think Mars is bad investment?”

straightens up

Now look at us. Elon Musk gotta build his own rockets because we were too busy in the ’90s figuring out how to turn paper into more paper. We could’ve been having breakfast on the moon, but instead we got breakfast with PowerPoint presentations about leverage.

shakes head

The Russians probably looking at us now like, “You chose… derivatives?” That’s like picking a calculator over a teleporter. Come on, man!

walks around stage shaking head

Y’all remember the Space Race? That shit was REAL. Both sides throwing everything they had at it. Now we got billionaires doing it for fun, like it’s some kind of rich people hobby.

imitates billionaire
“I’m bored with my electric cars and social media… guess I’ll build a rocket!”

normal voice
Meanwhile, there’s probably some old Russian scientist watching this on TV like, “We had these plans in 1975, but y’all wanted to play stock market.”

takes deliberate pause

And that’s the thing about America, man. We’re like that kid with ADHD in a candy store. We see something shiny, and BOOM – we forget what we were doing. Space exploration? Nah, dawg – you seen these financial instruments? You can make money… out of MORE MONEY!

pretends to be excited Wall Street guy
“Forget rockets, Ivan! Look at this – we can take a bunch of bad loans, mix them together like a financial smoothie, and sell it as a premium drink! It’s genius!”

back to normal voice
We really chose banking bros over astronauts. That’s like picking the Monopoly man over Captain Kirk. Who does that?!

sits on stool

You know what’s crazy though? All this time we were worried about the Cold War, when we should’ve been worried about Cold Hard Cash. The real weapons of mass destruction weren’t in no bunker – they was in briefcases on Wall Street!

leans forward

And now… NOW… we got all these private space companies trying to reinvent the wheel. Spending billions to figure out shit the Russians already knew back when disco was still alive. That’s like finding your granddaddy’s secret BBQ recipe and being like, “Nah, I’ma start from scratch.”

stands up, gets animated

We could’ve had a United Nations of Space! Instead, we got the United Banks of Earth. Congratulations, America – we played ourselves!

imitates mission control
“Houston, we have a problem… turns out money can’t buy you space experience. Maybe we should’ve kept those Russian scientists’ phone numbers…”

takes final sip of water

But you know what’s the real kicker? While we were busy building financial instruments so complicated you need a PhD in Mathematics just to spell them… China over there taking notes, building rockets, and probably laughing their asses off.

They looking at us like, “Y’all really fumbled that one, huh? Anyway, we’ll send you a postcard from Mars!”