I just see it as a difference in values I guess I would always rather make something 5 people got value out of for real reasons and try to scale it sustainably rather than make something 100 people pretended to like because I incentivized them Probably why I’m not a millionaire huh
I actually think this prob rly messed with the project Although on the other hand I’m sure someone made big bucks with a peak that high
Pedo summary here https://x.com/sherwoodmg/status/1587815881937076224
Wasn’t there some pedo accusations or something like that flying around too I blacked that whole thing out to be honest As u know I’m basically a boomer grandma with this stuff I can’t lolololol
But no one can actually tell if it has the potential to be long term cash positive because the retention metric is adulterated…. lol
I myself have no idea if it’s actually viable or not. The appeal is not there for me personally, but I understand I am not everybody I just think it’s sloppy thinking to claim the product is any good when there are incentives driving retention. You can’t know and that’s the whole point!!
Airdrop potential and “Paradigm money” are vastly two different things and you know it!!! 😂
🤷🏼♀️ I guess so. And at a certain point with a lean enough team they can run a zombie for years, based on earnings from the initial virality Not the type of business I would be interested in running, but I can see the appeal
I don’t think it’s just farmers, and I don’t doubt the quality of the convos but I do think it makes it impossible to understand if the product is sticky and is able to retain users as needed to be viable sans airdrop
😳 I’m trying to understand how the conversation with an investor goes “I know you can’t trust these retention numbers, but trust me, I promise people will stick around after we stop paying them because private chats with speculative mechanics are cool”
How can you tell it’s Friendtech doing something resonant vs the promise of the airdrop? I can’t really tease the two apart, I’d love to learn what signals tell you that there’s more there than farmers
I found out that two of my neighbors are brothers Late 20s-30s guys And their dad owns 3 units in the building: one for him, and one for each son Just sharing bc I am pretty jealous of that whole setup Free NYC apartment with ur whole fam in same building
I couldnt have a more opposite reaction. This essay more than anything really makes me love Vitalik 😂
Both you and @kenny shared this and it’s blowing my mind, I hadn’t seen!!!
lmao let’s hope his food advice is better than his economic rationale here
TIL SovCit crackheadery has gone global, I thought this was constrained mostly to USA
Nah I just have a soft spot for Em bc it was through their “work” I came to crypto And they taught me some good stuff Not your keys not your coins Protected me from bs When ur told everything other than BTC is shitcoin it makes it easier to resist FOMO, basically lmao
Keep going! Underestimated today Nobel winner tomorrow https://www.glamour.com/story/katalin-kariko-biontech-women-of-year-2021
I should build out the crazy archetypes more and use dalle to illustrate 😂
And none of that is lifestyle values Bitcoiners at this point have actual prescriptions for the good life
I do not absolve them for being crazy All I am saying is that to me it’s a more appealing crazy at the moment than most other things Bitcoiners won’t steal from me or scam me they will just try to get me to pump their bags