jihad ↑
@jihad
We claim to have “attention markets” today, but do we really? This would imply that price of a proxy asset is directly correlated with aggregate attention on a meme/idea/information. Or at least that volume is correlated. Trump is no less relevant now than he was when his coin dropped — is the token accurately capturing attention? The nature of tokens is such that you need *consistent value creation* to sustain the relationship between attention and price, and we don’t currently see that with tokens today.
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grin
@grin
i think the slope (change in price, whether positive or negative) more accurately represents attention also its attention specifically from the types of ppl who buy/sell coins. so while Trump may be as relevant as ever, he's far less relevant to daytraders than he was when he launched the coin
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