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Jacek.degen.eth 🎩
@jacek
Been diving into some pump.fun Reddit threads… Looks like they solved a real problem—anyone can launch a token in seconds now. But in the process, they might’ve created a much bigger one. Scammers are printing money by farming hype and dumping on regular people who genuinely believe they can flip 0.5 SOL into 100 SOL with just the right moves. Not sure how sustainable a business model is when your users consistently lose money. Unless, of course, they’re getting some kind of entertainment or social value in return. I’ve played around with it, and yeah, there’s something there. If you’re looking for an anon social feed with chaos energy, just go to 4chan. But what surprised me is that many users really believe there’s a skill curve to this. They’re getting rugged... and coming back for more. Reminds me of Las Vegas—people know the odds are against them, but they keep playing. There’s definitely a psychology worth studying here. Curious what others think.
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kenny 🎩
@kenny
hating pumpfun because almost no one wins is the same as looking at the internet and going "they said this platform for anyone to publish content is great, but it's not! 99.99% of what gets published is never read by anyone! what a scam" doesn't matter, the democratization of access to the primitive of being able to make a financial asset seamlessly is worth it because of the .01% of winners who never would've had a chance before
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Jacek.degen.eth 🎩
@jacek
I’d actually compare it more to the dark web than to the open internet—everyone’s anon, there’s no way to verify who’s launching what, and odds are decent you’re getting scammed. Most people poking around are either curious or chasing some kind of forbidden fruit. I do think there’s a version of this concept that could be way healthier, but pump.fun in its current form doesn’t feel like it. We’ll probably see something better evolve from this eventually.
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