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https://warpcast.com/~/channel/mrmemes
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Stephen Caudill
@mrmemes.eth
I've been talking intermittently about crypto being most useful when it's an implementation detail. I think most folks that came for the revolution and have been around and building for a few cycles feel that way. I have no hate for speculation, but it's definitely not why I'm here. Memecoins are a fun way to play with network effects. Full stop. It's just not something that's super interesting to me... maybe because I'm terrible at networking and speculation 😅 I just ran across this article and it definitely resonates along these lines. I want the invisible blockchain revolution. I'll check in with y'all on the speculation, but it's not my jam. https://paragraph.xyz/@thecostcokid.eth/the-blockchain-illusion-metrics,-mirages,-and-meaningless-growth
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Stephen Caudill
@mrmemes.eth
I think tipping coins largely fall into this camp as well. Don't get me wrong: DEGEN was revolutionary when it dropped. A token meant to encourage the kind of content we want our social graph to be populated... what a wonderful idea! But market realities mean that farming rings are incentivized and given enough incentive (when number go up), they become impossible to police because they can just keep scaling. I think this model is definitely worth continuing to pursue though, so I hope folks continue to innovate. I really do want to have the ability to "like" someone's post in a way that has financial outcomes.
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