lore @optimism | ex: @coinbase | views are my own | what if it all worked out? 

good (in different ways): railgun, farcaster, polymarket, signal
bad (in different ways): pump.fun, Terra/Luna, FTX

The differences in what the app does stem from differences in beliefs in developers' heads about what they are here to accomplish.

I strongly disagree with Vitalik that pump is bad.

pump is a nascent form of content moving onchain — thereby letting it be valued and creating real value that can flow to creators and curators who can identify content value early.

there's absolutely things *around* pump (and other asset classes + venues) that are bad (e.g. people manipulating markets), but I think it's actively harmful to denigrate pump itself.

onchain creativity is good — and pump has been pioneering. thank you to @alon and team for their leadership 🫡

@base builder #001; onchain cities w/ OAK & city3

Maybe the theoretical premise behind pump can be construed positively, but it practice it's 98% shiesters fleecing normies via market manipulation.  

Wrapping it in memes is just like all the flashing lights and bright colors in the casinos.

Maybe a few people are having a good time, but most of the activity is idiots losing their shirts to the house