Trigs pfp
Trigs
@trigs
Just gotta get this off my chest: I don't want to make a living off of speculative value extraction.
2 replies
3 recasts
10 reactions

Garrett  pfp
Garrett
@garrett
How do you want to make a living?
1 reply
0 recast
2 reactions

Trigs pfp
Trigs
@trigs
Create value doing interesting shit that benefits everyone aligned with that value.
1 reply
0 recast
3 reactions

Garrett  pfp
Garrett
@garrett
That comes with speculation
1 reply
0 recast
0 reaction

Trigs pfp
Trigs
@trigs
Nothing wrong with speculation. But if my financial security hinges on my ability to extract value from other people's speculation, then I'm out. I'm not here to drive hype so I can extract value from people's trust that I'm creating value to go with that hype. I just want to create the value and skip the pump and dump casino games. Is that distinction meaningful?
1 reply
0 recast
0 reaction

Garrett  pfp
Garrett
@garrett
Sure it’s meaningful but i think it’s idealistic. Hype is often necessary to drive attention and prove value
1 reply
0 recast
1 reaction

Trigs pfp
Trigs
@trigs
I'm here to build the ideal world. Why settle for the hype driven economic model when we have the chance to create something new? I think it's short sighted to think that what works in the current system is the only way.
1 reply
0 recast
0 reaction

Garrett  pfp
Garrett
@garrett
Because we’re not starting from scratch We have a free market system that’s really unleashed more innovation faster than an stable ideal world would The dynamic nature of our society is what pushes it forward An ideal static state doesn’t serve progress
2 replies
0 recast
0 reaction

Trigs pfp
Trigs
@trigs
By the way, I really appreciate your comments and pushback! Helped flesh out the sentiment more.
1 reply
0 recast
2 reactions

Trigs pfp
Trigs
@trigs
I think that's a false dichotomy, and it seems likely that you're reading into what I'm saying more than I'm putting into it. I'm simply saying I don't want my paycheck to come from memecoins that only have pyramid scheme value, meaning that in order for me to pay my bills, someone else has to lose. Massive difference than saying speculation and innovation have to stop or we have to live in a static state. And you have no idea what innovation the world would produce if we weren't wasting our collective processing cycles on pvp'n dogecoin, so even that statement is simply an unsubstantiated opinion.
0 reply
0 recast
1 reaction