Farcaster

I imagine Farcaster is still pretty illegible from the outside, both culturally and technically. But that won't last long if there's value to extract. We live in interesting times.

farcaster is going down the perilous road of optimising for extractable value, which means prioritizing quantity over quality.

I trust merkle, but I really hope it doesn't all turn into a token casino.

everything happening here is indeed very interesting.

clanker is fun, having my feed overtaken by tokens is less so (for me) and will likely give a bad impression to many. 

so I’m just worried quality DAU and content will decrease if left unchecked

Farcaster is just a mirror for what's happening in crypto.

What's something interesting onchain that shipped recently you think it's underrated?

I think the way to reconcile this is that the economy isn’t just the casino, unless that’s the only business in town

In manias (like now), the casinos and slot machine manufacturers become 90% of the economy so that’s all we see

The other 10% is quietly working towards a day when the town has stores, schools and factories