teddit

my loosely held, emerging opinion on crypto’s 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 it’s discarded.

imo the SHEIN-ification of fashion hasn’t been a net good. it has eroded the cultural and material value of what we wear.

people don’t build identities around disposable clothes the same way they build identities around LVMH, Rolex, Levi’s, and other enduring brands that compound meaning over time. 

the “everything is a token” 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 aren’t built for infinite new things.

the “conceptual Dunbar’s Number” 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.

Related idea I had recently: coining all content won’t free creators, it’ll just mean they’re creating for “the market” instead of “the algorithm”

Interested in human flourishing & social infrastructure | slowly building /firstdraft | markfishman.xyz

wdym by "free creators"? aren't they always creating for the market if trying to earn from work?

I guess “free” isn’t the best word choice – if you’re trying to make money you’re always going to be somewhat at the mercy of others

I was thinking more of how it distorts incentives, like how public companies operate with the stock price and quarterly earnings reports hanging over them