Economics

web3 won’t take off till the third world rallies behind web3

main reason: online incomes are much smaller than IRL western incomes 

I won’t work for moxie because ~$10 a day isn’t worth it*

but someone in the developing world will work for it 

*this goes for pretty much all bounties

am I wrong? convince me that I’m wrong

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Can argue the west already has good access to banking.

So this checks out.

🎩 first, but I like being part of this experiment that is the Farcaster network. 

but it doesn’t matter if we’re the only ones

the statement is that Americans and Brits aren’t incentivized to work in web3 

bounties and tips aren’t enough to go all in

westerners will casually work for tips if they think it can 100x sure, but once that rally is gone so are the westerners

but those from poorer economic countries (sorry, it’s for lack of a better term) will continue to work for the $10-$30 a day tips/bounties

it’s relative tho because someone who is loaded may say the same thing and go spend 6 hours on Insta for nothing. 

also $10 a day in Moxie could be $100 in 6 months (also the inverse).

I see your point but I can’t think of any major social platform that has been sparked with a BoP (bottom of pyramid) approach, can you?

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yup exactly (that’s wild btw)

so the desire and work needs to come from the developing world

To put in perspective I had 2 post graduate degrees from India’s top universities and 8 years of work experience in SEAs biggest media conglomerates and I was working as Head of Marketing for news18.com and my salary for 50 dollars a day. 
A day. Let that sink in.

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Building /mintgiving to get nonprofits onchain because they definitely would work for $10 a day (I work for one lol). 

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Building /mintgiving to get nonprofits onchain because they definitely would work for $10 a day (I work for one lol). 

Any help spreading the word is much appreciated my guy.m! Just launched this week 🙏🏻

https://warpcast.com/rue1776/0x9bc1e9a0

ya it is - simply lack of a better term. In another response I said “poorer economic countries” but that sounds rude also

Third world is a harsh way to say it.  As far as we know, we only have 1 world...

The working concept for me with moxie is a representation of social value easily visible to non native online users. 

For me, hamcaster is a much better version of what moxie is doing. Hot take.

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