Brenner
@brenner.eth
Did we all forget what “crypto” is short for? Why is @balajis.eth, crypto to his core, so into network states? Why is $DEGEN the token used for Farcaster-related projects, like @drakula, or @bracketgame betting on /farcon's Pickleball tournament?
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Brenner
@brenner.eth
Let’s remember: we’re all here working on crypto*currency* Memecoins are currencies are memecoins are currencies are memecoins
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Brenner
@brenner.eth
Currencies form by meming their way into existence. There’s some key characteristics most successful currencies have: - group hallucination - governance - economic policy - lindy-ness - acceptance as payment
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Brenner
@brenner.eth
Do you see it? Ethereum is a digital network [state], Ether is its currency. And the borders are open to anyone with internet access $DEGEN is the grassroots currency on Farcaster (the network) Cryptocurrencies are the currencies of network states
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Brenner
@brenner.eth
Bitcoin is the first cryptocurrency Bitcoin is the first memecoin Bitcoin is a memecoin Currencies are memecoins Memecoins are currencies The only thing driving the price of $BTC is how strong the meme is. It's point on the board for how much we collectively agree it has value
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Brenner
@brenner.eth
In 2010 @cdixon.eth said The next big thing will start out looking like a toy The next big currency will start out looking like a memecoin
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Brenner
@brenner.eth
if you read this whole thing you can mint this funny looking network state memecoin https://zora.co/collect/zora:0x1262989e8ae0caf6bd5423b118e76b81cd301ffe/2
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