secondary markets are a side effect of the medium, not the main character.

99% of the current thing is gambling and i don't like it.

i don't like this design space. it doesn't feel like it's betting on the idea that people just want to own others' creations on the internet.

it feels like it's playing into high frequency traders playing hot potato…

jalil.eth

secondary markets are a side effect of the medium, not the main character.

https://x.com/jalilwahdat/status/1894522593933496688

Growth is infinite. Work is worship.

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it certainly is the strongest point; my rebuttal would be:

information wants to be valuable at its inception and free afterwards.

if the reason for information to be expensive is to enable creators to create more of it, then paying early liquidity pool entrants or trading against existing holders are by definition not conducive to that goal (imho).

the life of the idea isn't its secondary market but its usefulness as a meme. 

and if it ends up being useful it _can_ have a reverse effect on whatever form that tokenization had initially, but not _because_ of it.

i feel similarly, but it’s hard to disagree with the observation that 99% of a piece’s lifespan will be on secondary markets 

how do we reconcile that?