Cedric Chin
@cedric
Tweeted a little about how “smart, high agency, non-conformist Singaporeans are likely to cluster in crypto” (especially given the current cycle) and immediately a reply guy shows up to go “why do you think crypto is even legit?” lol https://x.com/ejames_c/status/1761168214279725348?s=20
2 replies
0 recast
2 reactions
andric.eth
@andric
The flipside of this is that crypto communities are highly conformist & an echo chamber. I tuned out of crypto after paying attention to it 24/7/365 from 2017-2022 and feel all the better for it. Unless you’re a distributed systems and mechanism design nerd (or both), most crypto discourse is “number go up”
2 replies
0 recast
1 reaction
andric.eth
@andric
Mechanism design experiments with tokenomics, especially those that proliferated with DeFi ~2020 were fun, but I felt they were hampered by crypto’s counterculture. It’s a bit like running psych studies on uni undergrads only: you can’t generalize findings to the larger population.
0 reply
0 recast
0 reaction
