Sometimes I wonder if people not in crypto look at the valuations of all these protocols worth hundreds of millions of dollars (on paper) that no one has never heard of before and can't help but think crypto is one giant ponzi scheme

probably closer to one than any of us would like to admit tbh

Onchain is the new online - FID 206 -  cooprecords.xyz

yes my friends and old colleagues tell me this all the time

"what does it provide to justify that valuation?" is what they say consistently

example: fartcoin, move

helping build farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud”