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https://warpcast.com/~/channel/ted
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ted (not lasso)
@ted
my loosely held, emerging opinion on cryptoâs parallels to fast fashion: the fashion industry produces over 100b products a year, with SHEIN alone adding 10k new product per day (!!). the average product is worn 7-10x before itâs discarded. imo the SHEIN-ification of fashion hasnât been a net good. it has eroded the cultural and material value of what we wear. people donât build identities around disposable clothes the same way they build identities around LVMH, Rolex, Leviâs, and other enduring brands that compound meaning over time. the âeverything is a tokenâ mantra puts crypto much closer to SHEIN than to LVMH. what once required thought and community (launching a token) has become a game of quantity over quality, and humans arenât built for infinite new things. the âconceptual Dunbarâs Numberâ puts a psychological cap on what we can meaningfully track and care about and so the norm in fashion will too apply to crypto: engage an average of 7-10x (if that!) before discarding.
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links đ´
@links
Itâs funny to hear you call it ShEIN-ification. I think fast fashion for the last 30 years has had that quick discard attribute. At /bcard @nfthinker is always saying âDAOs are brandsâ, but we know it extends to everything. When Ai commodifies content, code, and art, the only thing left is brand.
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