In brief, hypershitcoinization is a meme; and as with most memes, it has a long and convoluted history—one of which I’ll attempt to explain here. To fully understand the origins of term, a brief overview of fundamental economic forces, concepts, relevant examples, and memes is in order.
Appeal to, adherence to, servitude to hierarchical authority structures is in humanities very nature; and it’s not merely a social construct. Disparate lineages of life have evolutionarily converged on dominance hierarchy as a primary key to the survival of social organisms. It’s written in the DNA of social insects and mammals alike. Wild ants, elephants, dolphins, lions, and wolves strongly obey it; submissive tendencies have been artificially selected for and exploited mercilessly in our domestication of bees, cows, pigs, sheep, horses, etc. Evolution has programmed the adherence to authority into apes DNA, and like it or not, every healthy cell in your body runs this same code of dominance hierarchy.