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Dan Romero pfp
Dan Romero
@dwr.eth
If you don’t like the “make money” consumer value prop for Farcaster—what do you think is better? Reply with a suggestion and rationale. Like replies that resonate.
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Jerry-d 🍖👽🎩 ↑ pfp
Jerry-d 🍖👽🎩 ↑
@jerry-d
1/ I seriously did not come for the money or at least not directly. The initial hook was the Coinbase quest in January 2024 where the quest gave a little crypto to complete it. I was starting to build my crypto portfolio. I despised all social media for sharing /selling my info/online habits to advertisers and their predatory algorithms that tell me what I’m supposed to like or forced me to look at. When the algorithm was right, it pissed me off even more. Stop categorizing my life, my online choices - I am not my clicks. I guess that’s a better Farcaster value prop in my mind versus all other social media apps. There is no nebulous, nefarious, “we spent tens of millions on this algorithm to monetize our users” formula that is overlaid on the protocol so that everything you do here is fed into our evil formula to squeeze as much money as we possibly can from you. People hate being taken advantage of.
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Jerry-d 🍖👽🎩 ↑ pfp
Jerry-d 🍖👽🎩 ↑
@jerry-d
2/ And the “make money” aspect attracts crypto bros and traders while at the same time alienating others. Every rug pull on Farcaster tarnishes its reputation (albeit unfairly). Every user that gets socially engineered on Farcaster; every time the blockchain is slow or can’t complete a transaction or the fees are exorbitantly high; all the hurdles that still come with crypto in its current state…Farcaster as a crypto app gets typecast with these (unrelated) problems.
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Dan Romero pfp
Dan Romero
@dwr.eth
> I seriously did not come for the money or at least not directly. The initial hook was the Coinbase quest in January 2024 where the quest gave a little crypto to complete it. I mean... :)
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