0xmons pfp
0xmons
@xmon.eth
nah fam idt this is it see broader discussion (me and basils posts) who is actually winning here it's literally the same shitcoin meta except now we made the numbers 10x smaller? i feel like there's a bunch of underlying assumptions if u read into the followup reply, most of which seem to imply that this is how we onboard the next XXX million developing world people because $3 means a lot more for them and this latent ongoing speculation game is supposed to better reward people who can catch such vibes early But none of that is being up for discussion (eg is that target demographic really going to be somehow better than the current market participant? does that matter? Are there other onboarding methods that don't involve cluttering the global token name/attention space? etc etc) None of that is being made explicit here, just claiming that embracing multiple coins and lower market caps is "based" or "is the way forward" No bueno
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kenny 🎩 pfp
kenny 🎩
@kenny
main problem is assuming this is sustainable if more than just a handful of people do it diminishing marginal returns still exist
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0xmons pfp
0xmons
@xmon.eth
yup, that's what basil is worried abt (and me too) u r fragmenting things even more
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