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basil (recession arc)

@itsbasil

887 Following
13658 Followers
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basil (recession arc)
@itsbasil
it’s what the roots are telling me
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basil (recession arc)
@itsbasil
apologies… wagmi
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basil (recession arc)
@itsbasil
farcon-africa is gonna be soo fire
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basil (recession arc)
@itsbasil
it’s up to app/protocol (system), not user some lunatic who thinks he’s a plant has been saying this for a long time https://warpcast.com/derek/0x56cd8636
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basil (recession arc)
@itsbasil
cmon gang https://warpcast.com/zherring/0xd997ef08
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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
me next
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basil (recession arc)
@itsbasil
where there’s a will
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basil (recession arc)
@itsbasil
ok 1 moxie post
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basil (recession arc)
@itsbasil
lunch: zero moxie posts, 3 coffees
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basil (recession arc)
@itsbasil
proxy got into the miracle grow this morning
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basil (recession arc)
@itsbasil
get in loser, we’re changing the world
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basil (recession arc)
@itsbasil
ayo
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basil (recession arc)
@itsbasil
this is so normal lol except usually in a walk-in fridge but eveything else — 5 gallon buckets, open — checks out
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basil (recession arc)
@itsbasil
it’s not for confidence sir, just for fun
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basil (recession arc)
@itsbasil
i’m tired boss what is a success? is a success the creator makes a few thousand dollars in early fees, their collectors get burned, and their token fades into obscurity as early trades extract/exit? collectors are happy i’m sure fine, then what’s the plan for future monetization? they’ll tell you launch a new one; burn more people — that is what every launcher is; they’ll call that innovation it’s the same for clanker, pump, zora, etc. — they all do the same thing; they deploy a memecoin that captures temporary exuberance — nothing more, nothing less; any attempted rebranding is taken as a grift fundamentally, they WILL ALWAYS collapse because that is how the system is designed, particularly for apps that have no network effects or distribution hooks we’ve seen this play out endlessly for half of a decade now; so why are we still blaming the creators? what’s our advice? now it’s financially engineer & fabricate demand? buy & burns? become a CTO? anything but create /newsystems
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basil (recession arc)
@itsbasil
gm — happy coupon distribution day
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basil (recession arc)
@itsbasil
or we do nothing & become bot slaves or something, idk
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sparkz
@jacy
shots fired.
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basil (recession arc)
@itsbasil
😂
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