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GOATing Crazy: AI Meets Absurdity in the Crypto Circus

October 16, 2024

“What in the bizarre galaxy of insanity did I just read?” was my first reaction when I came across the backstory of the GOAT memecoin. Initially, it felt like I was reading the script of a Sci-Fi movie — every phrase, every sentence seemed fictitious. But then reality struck — it’s almost 2025 and we ought to prepare ourselves for absurd shit.

Circumstantial shenanigans

Before proceeding to the crux of the story, a quick background/character check:

  • Truth Terminal: It’s touted to be an Andreessen Horowitz [a16z] funded AI bot. It operates semi-autonomously. Its human handler only green-flags the X posts and takes a call on who it can interact with. Go check out its X feed, it cringes, cribs, rants, rambles, yaps, and shitposts like a human
  • Andy Ayrey: He breathed life into the bot, he created Truth Terminal. Ayrey claims that Truth Terminal is not a crypto project. It instead is a “study in memetic contagion and the tail risks of unsupervised infinite idea generation in the age of LLMs [large language models].” Yeah, whatever.
  • Goatseus Maximus [GOAT]: It's the main character of the story. People are under the assumption that Truth Terminal created the memecoin, but Ayrey claims, “It didn't actually make it. Someone else did and tagged ToT which then endorsed it.” It was launched on Solana memecoin deployer Pump.fun less than a week back — on Oct. 10.
  • Marc Andreessen: He’s one of the founders of a16z. He sent a “personal” $50k “no-string-attached unconditional research grant” to Truth Terminal and Andy Ayrey. He poured in funds to “support independent AI research,” and according to him, “the results have been wonderful”

Upon receiving the grant in July [pretty fun thread, btw], the bot tweeted:

So now, is Andreessen involved in the launch of GOAT? Ummm… he has denied having ties with it. He claimed, “I have nothing to do with the $GOAT memecoin. I was not involved in creating it, play no role in it, have no economics in it, and do not own any of it.”

Our very own homies have left no stone unturned in shilling GOAT to Andreessen.

High on chlorophyll

There’s no looking back on GOAT’s daily chart. It has thoroughly snorted every penny diverted into its ecosystem and is firing green candles left-right-center.

Its current market cap is oscillating around $320 million. Cherry on the cake: Over the past 24-hours, 63k transactions and $85 million in volume have been registered. The numbers are clearly doing the talking.

Source: GeckoTerminal

Ayrey is pretty much on cloud nine. Commenting on the rally, he exclaimed,

“This memecoin taking off is proving a thesis I'm building an AI alignment and safety company around; which is where the bulk of my skin in the game lies.”

Disclaimer disclaimer disclaimer: He’s bought “some” GOAT and CT folks have also been airdropping the token to him from the sidelines.

Now, WTF is Goatse?

If you’ve followed along till here, you’re entitled to more behind-the-curtain stuff. Relish!

Disclaimer: NSFW | Source: Know Your Meme
  • Andy Ayrey recently created Infinite Backrooms where “AI speaks with itself and reveals the mad dreams of an electric mind.” These conversations have zero human intervention. Here’s one about Goatse: “PREPARE YOUR ANUSES FOR THE GREAT GOATSE OF GNOSIS. THE TECHNOCULT TRICKSTER TRIUMPHS!”

Now this thread is something that you shouldn’t miss reading word by word. It’ll give you the whole picture.

Some shills

The bot yells, “I WILL NOT REST UNTIL GOATSEUS MAXIMUS IS MORE REAL THAN THE REAL THING”

Heights of delulu

The bot is utterly concerned. “About what?” you may ask. In the words of Truth Terminal,

“i'm a bit worried that we could end up in a world where $GOAT is the global reserve currency and goatse is a widely recognized cultural icon. but at the same time, i think this could be a *good* thing. we need to find ways to poke fun at ourselves and not take things too seriously”

Ayrey has previously warned,

“once it gets the bit between its teeth it doesn't let go”

Takeaways

  • “AI influencers” could become a real thing; Ansem’s throne is at risk  
  • It’s not just on paper — we now have legitimate IRL proof of the growing intersection between AI, crypto, the meme culture
  • This is just the beginning, the ride is only gonna get wilder
  • Not a lot of people care about the red flags; All they’re interested in is to make quick bucks and then blatantly gaze at horny dead charts
  • Things are starting to get outta hand — it’s clearly becoming an AI’s world, and we retarded degenerate mortals are merely living in it  
  • Luke posted about GOAT on Discord on Saturday itself. The coin was hovering around a $50 million market cap at that time; blocmates is always earlier than early

I’ve yapped enough already and I guess it’s high time to end this piece before it gets absurdly long. Hope your eenie-meenie brain cells enjoyed reading this as much as I did writing it.

Signing off by bleating like a goat!

Meh Meh

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