FarCon

Author of The Network State.
Work with me: jobs.ns.com

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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?

Decentralized open source consciousness | Values-aligned communities | citizen of Black Rock City

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

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

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

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

if you read this whole thing you can mint this funny looking network state memecoin

if you read this whole thing you can mint this funny looking network state memecoin https://zora.co/collect/zora:0x1262989e8ae0caf6bd5423b118e76b81cd301ffe/2

Let’s remember: we’re all here working on crypto*currency*

Memecoins
are currencies
are memecoins
are currencies
are memecoins