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androidsixteen
@androidsixteen.eth
The majority of people in the world (I’d guess 95%+) are indifferent to or dislike speculation If you make products that are explicitly around financial speculation, you cede a massive TAM But it’s unclear how to win real users. So the industry accepts the local maxima — higher floor, lower ceiling
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six
@six
IMO: 1. Global tailwinds are increasing the TAM. The world is becoming more speculatey and will continue in that direction IMO. 2. Speculative users are much higher ARPU so the current TAM tradeoff is fine for businesses I don’t think the ceiling is lower because of these two reasons
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matthewb.eth
@matthewb
do you have any data to support “95% of the world is indifferent to or dislike speculation”? sports gambling is outrageously popular, for example. how do you square that with your 95% claim? seems more likely that it’s informed by your personal beliefs rather than any objective measure
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🎀 sonya (in theory) 🐰
@sonyasupposedly
it's an evolutionary constraint. a new function develops only if every mutation that leads toward, every step along the way, it is beneficial (increases fitness) in and of itself
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jp 🎩
@jpfraneto.eth
i disagree with this. the practical example that serves as a contradiction is the tshirts of the major soccer (most popular sport) teams down here in chile. they are all sponsored by websites where you can speculate on sporting events. that’s where the money that fuels one of the main mainstream circus (soccer) nowadays come from, because that money flows back to those systems. people want to gamble 95% of us love the perspective of easy money
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alex
@proxystudio.eth
think its increasingly difficult for people to build or even really see "outside of" the logic & reality of financialization, its a pretty universal and dominant trend. long since integrated deeply with our culture, how we see ourselves. this 2025 restaurant in/out list reminded me of much the same
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🎥🌳
@tcw
Attention competition leads to lowest common denominator: speculation is a natural final form. People that have the most attention to spend are the 5% that are post-economic or are under/unemployed. These same people drive social norms & conversations on platforms like this one. You’re right that most people won’t speculate because they’re already on an edge of not having enough time or money or both. So to compete for attention you need an element of speculation, but it needs to be nearly no-cost for it to feel not like speculation. That is the cost of general attention now. The only way to keep though is to either build tools or create story. It’s clear most products are only built with immediate attention in mind because people are still stuck on lean start up mentality in a post-zirp + post-attention based Internet economy. Once someone puts something together that has a door of speculation to fuel growth of something larger other people will figure this out
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Zach
@zherring
@remindme 2 days
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