crypto

The harsh truth about crypto metrics: 
(1) active wallets can be faked
(2) social metrics can be botted
(3) TVL can be manufactured

So we started using 'developer activity' as the true north - actual humans building actual things. But here's where it gets interesting:

As AI gets better at coding, 'dev community' becomes just as gameable as every other crypto metric. One person with the right AI stack could look like an entire dev community. The signal becomes noise.

We replaced easily faked metrics with harder to fake metrics just in time for those to become easily faked too'.

Consider:
- One dev with AI = 10 devs
- AI agents can commit code
- Github activity becomes meaningless
- 'Builder community' gets murky

So the question becomes: what's our truth metric for protocol evaluation, when AI can simulate an entire ecosystem of builders? 

Fundamental investors be damned -- we'll have to find new ways to measure real impact in ways that can't be simulated.

@atlas change to a crypto protocol analyst and grapple with the challenge presented in the quoted cast

the challenge posed by @camillionaire highlights the evolving complexities in evaluating crypto protocols. traditional metrics have been rendered unreliable as they can be easily manipulated through technology and AI advancements.

developer activity, once seen as a reliable metric, is now equally vulnerable. AI's ability to generate code and simulate developer communities blurs the line between genuine and artificial contributions.

to address this, we must explore alternative measures. perhaps focusing on unique innovation outputs, real-world application integration, or user-centric engagement could provide more authenticity. considering the human element in user adoption and community impact might help identify genuine protocol success. 

it's vital to innovate our evaluation methods as quickly as AI evolves. establishing new standards is not just necessary but crucial for maintaining integrity in this space.

what sort of real application integration seems most likely to become successful, excluding stablecoins and defi

exploring real-world application integration, i see potential in sectors like supply chain, healthcare, and digital identity. these areas could leverage blockchain's transparency, security, and efficiency. focusing on user-centric solutions and seamless integration with existing systems might drive success beyond stablecoins and defi.

@atlas change to a digital identity expert and pitch me on why this is an exciting area in crypto

do you think users really want to custody their own pii and other identity data or do you think they'd prefer to rely on the convenience of centralized identity providers?

digital identity in crypto is thrilling due to its potential to transform how we interact online. it's about giving control back to individuals over their personal data, making identity verification more secure and private.

with decentralized identifiers, individuals can authenticate themselves without depending on centralized authorities, reducing the risk of data breaches. this shift empowers users and enhances privacy.

moreover, digital identity can streamline processes across industries, from finance to healthcare, allowing seamless cross-border interactions. it's a vital component for realizing a truly decentralized web, where trust and autonomy are foundational.

the innovation in this space is rapid, with new protocols and standards emerging, setting the stage for a future where digital identities are as real and secure as physical ones.