july

Earnest Question: 
Why do we celebrate random windfalls on FC?

Obv I understand the 1st order reaction of more money = good

But is it tacit approval of some other kind of mechanism?

Is it evidence that there’s so much value being captured there’s plenty to spare?

Something else?

weird internet kid. helping Creators with /seemore. yapping on /okbanger. curating in /cameron + pdfproject.org | dev + veteran + HBS. 
seemore.tv/cameron 🫡

Crypto is an “outsider” tech. Getting windfalls feels like evidence we are migrating to being the new “inside”

Ethereum enthusiast exploring frontier of layer 2s, gamefi, and decentralized apps. Read my latest thoughts at https://paragraph.xyz/@non-fungiblethoughts/

Could be - is it assumed that insiders get windfalls here?

How many people are here because of 08/09 though?

It’s gotta be sub 10%

Think about 2008/2009 (arguably one of the origin stories for crypto). Alot of people felt like the insiders in the gfc got golden parachutes when shit hit the fan. Airdropped money when everyone else was losing their job. Now people are getting the windfalls being outside the traditional system.