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mattdesl
@mattdesl
so much euphoria on FC timeline about degen. 🫥 it’s a memecoin with questionable allocation, centralized operation, and appears to be mostly closed-source. do you really think this is a sustainable future for FC and decentralized social media protocols?
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Maxorgel 🎩
@maxo
Everyone is euphoric when they are making money. It’s not like FC and decentralized social depend on Degen or similar tokens though. I think of Degen more of a proof of concept of the power of the FC community. The distribution mechanic was interesting for that. Up to the team to show they can take it further.
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mattdesl
@mattdesl
What can the team really do while it remains poorly allocated, centralized, and closed source? It’s like hoping that the team behind [basically any centralized shitcoin] will suddenly turn a new leaf.
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