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ted (not lasso) pfp
ted (not lasso)
@ted
change my mind: warpcast rewards is just an airdrop except it can’t easily be farmed, everyone with an account is always eligible, and you don’t have to worry about the price of the token tanking 50% within hours of getting it
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ted (not lasso) pfp
ted (not lasso)
@ted
just because it’s USDC doesn’t mean it’s not a token
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EulerLagrange.eth - bank/acc pfp
EulerLagrange.eth - bank/acc
@eulerlagrange.eth
If we make the psychology of how people make decisions primary over the topology of the exchange, I’d say it’s different. Airdrop is used in the context of a potentially big gain due to wild speculation. So it’s easier to justify spending time on it. How people think about it > what it is CMV
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ted (not lasso) pfp
ted (not lasso)
@ted
you’re still speculating except you’re speculating on your own content
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EulerLagrange.eth - bank/acc pfp
EulerLagrange.eth - bank/acc
@eulerlagrange.eth
Are sports just then speculation then? (For the athletes)
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ted (not lasso) pfp
ted (not lasso)
@ted
phoning a friend for this answer @kia
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kia pfp
kia
@kia
we don't have enough sensory and compute to be certain about the future. so, *everything* is speculative. you deciding to read this cast was speculation on the return on your attention spent. which now you're starting to regret having done.
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EulerLagrange.eth - bank/acc pfp
EulerLagrange.eth - bank/acc
@eulerlagrange.eth
Yeah but that’s a useless way to make decisions out and about. Simple heuristics have been selected for by time
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kia pfp
kia
@kia
simple heuristics are just speculations that got lindy
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EulerLagrange.eth - bank/acc pfp
EulerLagrange.eth - bank/acc
@eulerlagrange.eth
There is such as thing as metaphorical truth. Something where you’re better off acting as if it’s right. Treat all guns as if they’re loaded, for example
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kia pfp
kia
@kia
yup, your example with guns is a speculation that pays off better over time. thus sticks around. call it whatever you want at the end of the day you didn't have enough compute power to arrive at certainty and took a probability whether you thought of it as such or not.
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EulerLagrange.eth - bank/acc pfp
EulerLagrange.eth - bank/acc
@eulerlagrange.eth
Circling back I think we’re all better off operating as if static stablecoin rewards are different than the usual crypto airdrop 🤝
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kia pfp
kia
@kia
most of the times yes in this context my view is that when people say "crypto only has speculative pmf" it's better to just lean into it caveat, of course there are projects like yours that aren't the type of speculation that fits your definition
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EulerLagrange.eth - bank/acc pfp
EulerLagrange.eth - bank/acc
@eulerlagrange.eth
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EulerLagrange.eth - bank/acc pfp
EulerLagrange.eth - bank/acc
@eulerlagrange.eth
https://warpcast.com/eulerlagrange.eth/0x8b90e9c0 I’m perpetually in founder mode
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kia pfp
kia
@kia
love it
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EulerLagrange.eth - bank/acc pfp
EulerLagrange.eth - bank/acc
@eulerlagrange.eth
I read the blog post. I have my own theory from a different view point, but it fits together nicely with yours. I take the people first perspective on everything. The first principles argument is laid out in the beginning section of this poorly written article: https://paragraph.xyz/@opacitylabs.eth/the-people-first-perspective-in-hiring
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EulerLagrange.eth - bank/acc pfp
EulerLagrange.eth - bank/acc
@eulerlagrange.eth
Markets are just a collection of minds and the evolution determined by decisions they make (excluding volcanoes, asteroids etc) Speculation is the result of not having access to all the minds involved.
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