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greg
@gregfromstl
fine i'll say the quiet part out loud: the recent farcaster raise overvalued this protocol and pretending like its guaranteed to succeed now will make it dramatically less likely to
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Dean Pierce 👨💻🌎🌍
@deanpierce.eth
Any time a new VC puts money in, I worry about the growing pressure to extract value from the protocol with various rent seeking hooks or otherwise. Enshitification seems to be an inevitable symptom of how modern companies get built. As cool as all these things start out, once the extractions begin, things get shitty.
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