crypto

Bull case for NFTs this cycle is 1) non-fungible media make them more fun than fungibles 2) belief that they will be more Lindy on a decade long horizon (ie crypto hodler mentality)

Bear case is 1) memetic speculation is reduced to its purest form in memecoins 2) decade long horizon is way more of a wealth sink 3) Doge is an example of Lindy memecoin

I think they worked the first time bc you could flex status (twitter pfp)

Dont know what the channel is for that this time around

building /bracket | hosting /greatbooks + /gray | ex-BCG, ex-PHD | poli + phil + econ

Veblen good? if prices rally, they become a flex

working on <redacted>. creator of /microsub + @degentipbot.eth; producer/dj; host of /campfire 🎧 + /downshift ⚙️

Haha yeah just what people liked

But even if they’re worth a lot I just don’t know WHERE people flex now. Like how does it get seen and convey status?

but now it’s also a more complicated game because we know what happened the first time round so expect front running and lower highs (i.e euthanasia rollercoaster)

oh wait, this is crypto and people don’t learn.