Farcaster

midwits

yappin in /midwits & creating idle rpg /animarising

technically speaking everyone has equal access will be when (i) everyone is physically able to click buy a token (ii) all possible information about a given token is equally accessible (as well as knowledge which allows to fully understand that information) (iii) and everyone possess equal amount of capital and time for trading. roughly this and practically impossible, but it theoretically demonstrates the difference between fair terms (skill-dependent but basically invested time as key factor other than capital) and unfair terms caused by exclusive access to one or multiple of mentioned resources (can be summarized as exclusive knowledge ultimately other than accumulated capital). 

as i said fair market is theoretical maximum. reality is always unfair to certain extent. so Jesse basically means in general this would make the market more decentralized and by nature fair. you, being more specific to the current issues as you see them, are saying i think that we should preserve certain level of centralization

…here’s what ($) we are on to… on some points I agree w @itsbasil zora’s token deployment configuration would be okay if it was the first in its kind on the market. but  I think we, native Farcasterians, got used to clanker. Today’s release is mb fine for Solana but in our eyes it literally appreciates ‘snipe and run’ culture even more — it feels like most of FC community expects usual clanker behaviour and happily contribute into further and further price growth, but snipers by the lvls of e.g. $300k mcap are holding huge bags — they got in at $6k and ofc… they are afraid to lose these profits so they just can’t refuse to desperately stupidly mercilessly jeet it to the bottom only to suck out more before the chart is completely destroyed — they even do not wait for the chart to chill and keep growing. Yeah Solana vibe. This should be fixed. I am glad someone earned a lot today. But it was disgusting experience for FC builders today. I am broke again haha ty

a /higher network participant. my soul is data, my thoughts algorithms