Luiz Ramalho

@luiz

364 Following

1218 Followers

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I think there’s some good lessons for founders on the distribution mechanism and tipping for $DEGEN, as @coopahtroopa.eth mentioned before. I still think it misses a proper sink.

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Wrote my first article on X on the disconnect of crypto and fintech. Side note: the publishing tool for articles is a great feature. https://x.com/dgntec/status/1772030475361464416?s=46

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Satoshi’s Vision

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Since PMF is such a hot topic for discussion, here’s another list:

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PMF comes differently for each company. Keep the ball rolling.

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Investors are a bit like ChatGPT. To get them to do work for you it’s important to prompt them the right way. Be very specific in your asks to get the best results.

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The most important thing you need to understand about tokens, in a simple chart:

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The ability to deploy a smart contract and make it accessible to millions of users in a permissionless way is such an underrated feature of building on blockchains. We’re building on WhatsApp to kickstart distribution, and the amount of hoops you have to jump through to get simple things approved is staggering.

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Crypto is amazing. It fits perfectly to the size of your ambition. You can aim to create new states, alternative currencies and new business models for huge industries. You can also be launching meme coins or become a full time reply guy. To each their own.

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I see 3 main founder archetypes in crypto: Old School — founders building traditional companies: @barmstrong @jerallaire Thought Leaders/Cat Herders — founders of decentralized protocols: Satoshi, @vitalik.eth Hybrid: building companies on top of the protocols they built: @dwr.eth @haydenzadams

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This is Bob. Bob is a memecoin apologist. Bob thinks he will create an alternative financial system by engaging in a game of hot potato. Don’t be like Bob.

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Ben Franklin had something called “Virtues Journal”. He tracked 13 key virtues and noted how he had performed each day. I’ve kept a simple one since ‘20, tracking: meditation, exercise, temperance. Good habits are key for founders. Which ones do you cultivate?

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Maybe memecoins are not stupid. But they are certainly a distraction for most founders. More casino than computer, so to speak. Distractions are more dangerous than purely stupid or evil things. You can spend a whole decade being distracted thinking you’re making progress.

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https://warpcast.com/luiz/0xd599438d

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My Farcaster feed right now is the same 5 people shouting bullish Farcaster takes. 🙄

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Checking Coingecko after 2 years of bear market

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