Catch0x22 (2025 variant) pfp
Catch0x22 (2025 variant)
@catch0x22.eth
there's almost nothing that web2 can't do that web3 can people trying to sell the web3 dream are worse than memecoin shillers imo
4 replies
1 recast
4 reactions
artlu 🎩 pfp
artlu 🎩
@artlu
OK I'll spar with you on this point. This magic internet money, this free money, this Degen airdrop which continues even after a year. Even if I disagree with anything about the project, the tokens are mine after each claim. Nobody can take them away/give back/take away later with a stroke of the keyboard. I guess in real life cash has a similar quality? but nothing in web2 allows me to send value from the USA to people in South America or Africa or Asia, for about ~$0.01 on Base and maybe 1/100th of that on Degen L3 chain, with the peace of mind of knowing the recipient will be able to access that value. To me, it's a dream come true to be able to express my appreciation using value transfer, to internet friends separated from me by national regulations beyond my control. It's like living in the future.
2 replies
0 recast
0 reaction
Catch0x22 (2025 variant) pfp
Catch0x22 (2025 variant)
@catch0x22.eth
also on exchange across border - in most instances ive encountered, ppl with the funds to transmit across to their families back home (i live in aus) will not trust crypto, even if they have to pay fees for the transaction and don't trust their banks. they'd rather avoid the possibility of getting in trouble crypto is great for the ultra rich to move funds tho
1 reply
0 recast
1 reaction
artlu 🎩 pfp
artlu 🎩
@artlu
yes crypto is great for the ultra rich (Justin Sun 🤝 President Donald J. Trump). That's a feature, not a bug. Crypto is already great for people in Argentina, Venezuela, Ukraine, and parts of SE Asia. In between, we need to work on it. I don't want to transfer stable coins on Facebook, and neither does the US regulatory environment, so Diem died. Whatever. Degen via Farcaster, being on Base, Solana and DL3, and listed on multiple exchanges, works astoundingly great for $0.10~$500 value transfers in the middle actually. Complete decentralization not necessary, just as ocean-going merchants could get to Oz even with the contents of 1 out of 100 ships disappearing. Maybe we can agree, the web3 dream of "wagmi" and "UBI for slop" is total scammer territory. The web3 dream of sovereignty and freedom from oppressive monetary and speech restrictions, would you agree is visible and achievable if we just double down and push for it?
1 reply
0 recast
0 reaction