basil (recession arc)
@itsbasil
“skating to where the puck is going” we see one successful friend.tech, we fund 15 more; all fail we see one successful pump.fun, we fund 15 more; all fail (generally) we see one semi-successful play-to-earn campaign, we push $12.5b into tokenized gaming; all fail we see a new memecoin being pumped by our leaders, we buy it; it collapses; we lose new users vcs see one semi-successful tge, we get hundreds of millions in early vc exits; nothing makes it to the next cycle; newcomers get burned we call tokenization “innovation”; we call “coins” any number of things depending on what narrative were currently pushing every cycle, someone goes to jail (several) musical chairs for YEARS; now we expect whoever remains here to be “in it for the right reason” they are here to maximum extract & get as rich as conceivably possible in the shortest period of time possible that’s what gets funded; that’s what generates revenue; that’s what our leaders push why would it be any different?
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basil (recession arc)
@itsbasil
cmon gang https://warpcast.com/zherring/0xd997ef08
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