pics or it didn't happen

when everything becomes a token, nothing has value; this fundamental truth has been ignored & the fallout is now making its way to x 

1) excessive tokenization creates a mirage of opportunity while actually destroying ecosystem value. when we fragment liquidity across thousands of micro-tokens, each new addition doesn't expand the pie—it merely slices it thinner. attention remains finite; liquidity remains finite; but tokens multiply endlessly

2) the math simply doesn't work. in a hyper-tokenized environment, capital continually flows toward novelty, creating temporary spikes followed by inevitable crashes. you can say "normal market efficiency" but the system generates far more losers than winners by design, not by accident

3) "direct monetization" sounds empowering but masks a brutal reality: without substantial existing audience, discovery becomes nearly impossible in a sea of tokens. creators with smaller followings face worse odds than in traditional systems, not better ones

thinking of tokens like casts: roughly as easy to make and roughly similar variance in value

if i copypasta @itsbasil's post verbatim, does it have value? maybe to people who didn't see the original. what if 10 more people copypasta it? 100?

what about hundreds of people who post "gm"? past some point it becomes a meme which collectively has value, but individually is nearly worthless (will we have collections of tokens that have more value together?)

what about a cast with a miniapp inside it that has a game like /poidh? is that like a token with utility?

what about ephemeral tokens? most casts have some value for a moment, but become stale fast, does that invalidate their existence? how should we think of tokens that may only have value for hours or days?

(i don't want to advocate for high churn/short duration games, but it is interesting to reframe how we look at something.)