brypto

career wise i think i'm a bit cooked on delayed gratification psychologically, esp. of the variety of like working/iterating on a startup for multiple years in stealth and/or without traction. not sure if i'm capable of doing that, but to an extent the ability to do that is what is required for outsized success

would posit this is somewhat consistent in the "brain" of our generation, esp with startup / build-in-public / twitter founder "cracked" culture becoming so widespread, it is v contrarian and perhaps psychologically difficult to quitely grind and stay focused for years on something you believe in. think many founders currently in 20s prob compensate for this by getting validation via attention, while they wait for validation via market (the real thing). 

shayne coplan good exception imo.

Still thinking about this cast from @six 

I think this is the biggest arb in crypto — ie. If you can defer playing attention validation games and focus on playing market validation games (hunting for pmf), you have a shot at 100x the outcomes of even the biggest attention games (since longevity is a multiplier)

Feels like there’s a “good times create weak men” cycle here…

Easy attention > impermanent products > harder validation > desire for easy attention

Strong products create good prices
Good prices create weak products <-- 𝙬𝙚 𝙖𝙧𝙚 𝙝𝙚𝙧𝙚
Weak products create bad prices
Bad prices create good products