Farcaster

I just learned that a reply from my account is worth ~$30 in Moxie, which is about 4x the federal minimum wage in the U.S.

This explains the prevalence of bots and reply guys lately. 

Overall, I have mixed feelings about this development. On one hand, it feels harmless to airdrop free money to people simply for engaging. On the other hand, it has a distorting effect on social interactions that makes it hard to know what is genuine. 

I also feel kind of gross that something called a “Fan Auction” was launched using my likeness without my consent or approval. I’m not sure what the financial implications of that are, but it certainly wasn’t enough for me to say yes since it involves my reputation. 

I’m not sure what to do. I don’t want to stop using the app and I’m obviously benefiting from the system, but am deeply conscious of the precedent my behavior will set for others.

Building /bright-moments - minting onchain art IRL | /purple #15 | FID 129 #magikarp

I don’t how to feel about your comparison to the minimum wage, that’s truly upsetting but I will say that it’s made my time on here more social. We all get stuck in our comfortable circles, maybe this is a way for more people to get to know each other.