jtgi
@jtgi
I think open markets are generally bad for early stage communities and ventures. Massively distracting. Attracts speculators, activist 'investors' and unaligned people. Distorts incentives if things go too high or low. Financializes your culture and centers your movement irrevocably around price. There's some exceptions but overall I've seen the same things play out thousands of times over the years.
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Zenigame
@zeni.eth
Having experienced a taste of this firsthand now, hard agree.
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Zenigame
@zeni.eth
I'm used to tuning out the noise, but the level of noise that comes from too early a market makes my preference to "hack until something good emerges" more difficult. Have had to make several casts explicitly saying "I'm not going to pay attention to price, do as you like" and still going to need to remind myself every once in a while.
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jp π©
@jpfraneto.eth
the thing is that the magnetic pull of money in our subsconsious as a collective (human society) is just too strong. at least that is what is felt from my perspective, when i observe the effect that it has how i relate with the insane swings of my portfolio
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Zenigame
@zeni.eth
It's definitely there for me, but probably not as strong as I've seen with others. I've also hidden the $buck price from my computer wallet since I don't plan on selling and don't think it's particularly helpful to know what it is at this stage.
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