Tokenomics

enjoy

https://x.com/pridesai/status/1895944068368384210

crypto is generally downstream of fiat in shades of legitimacy, because it's the incentive of last resort (in monetary collapse). it's not inferior, but it can only be as legitimate as the incentives codified in front of it, or the liquidity.

I think a devil's advocate point needs to be made for low-float, annually-issued memecoins. this doesn't need a limiting principle, but rather a forcing principle, and imho there hasn't been any successful attempts at standardizing "the dev"/core. at some point, the basic facets of CTO should be enshrined for a vibe closer to Proof of Work.

part of Bitcoin's appeal is how much was burned over time through misadventure, unendingly. I wonder if it would be appealing to demonstrate how much is initially locked to goals into the future, with tranche-shunting as well as slashing.

crypto is generally downstream culture in some ways (speculation, internet, memes, etc) but the network state / pop up city thing is going to be a huge thing that eventually comes out of crypto culture that seems to be out of focus rn - in 10 years people will opt out of normal…

priyanka🍦

𝖒𝖆𝖓𝖉𝖆𝖙𝖚𝖒 𝖆𝖉 𝖆𝖘𝖙𝖗𝖆

sounds like the market is learning about degen