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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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Chris Biele đ¸
@nfthinker
Launching quick and easy tokens has given everyone the power to create a meme. While this is a powerful tool for unlocking brand engagement, ownership, and rewards structures, it is also tied to potential profit. So the memetic value is really a function of price. Number go up, meme gets stronger. Iâve heard you say this before about /higher, @ted, it should be about the brand identity, not the price. The enduring tokens will ultimately be the ones that provide deeper memetic value. Hodlers will HODL because of some greater purpose, and this will create robust purpose driven communities.
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