Chainleft on Warpcast

polynya pfp

Half a year on from my final and most hated blog post, have things changed? Unfortunately not, crypto remains among the most morally bankrupt industries, and far and away the worst I've personally participated in. Most people in this industry are perpetually in denial, with negligible effort to change things for a better culture. Yes, vile degeneracy has been temporarily muted relative to March 2024, but this is only because the shitcoins are down 99% since then. I see no evidence that any lesson has been learned, and the same pandemonium is very likely to repeat. Obviously, I still highly respect the 0.1% of this industry that's actually net positive for humanity, and needless to say, all of this is just my personal opinion. I still hope, one day, at least some of the remaining 99.9% of the industry will share those values.

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whimsi pfp

i’d say the average age of a person in crypto got younger younger people tend to want to be edgier hence the increase in racism and general vitriol i’d say crypto hasn’t changed too much but everything bad has become more apparent and out in the open - which is kinda true about the state of the real world too where politicians get caught out nowadays with no real repercussions - this is just the product of the environment and times we live in crypto is just a hyperbolic caricature of the real world, made up of people who love to limit test

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Chainleft pfp

TBH the racists with the biggest influence are the old guard "trade-maximalists" (people like Udi, Ansem, gainzy, etc) - separating them from old builders obviously. Nevertheless I think you're also right that a lot of new entrants who enter through shitcoin gate are not too different. I think there was this moment crypto attracted genuine, net-positive people, maybe early ETH, but that's not the case anymore.

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