Content
@
https://ethereum.org
0 reply
0 recast
0 reaction
jesse.base.eth 🔵
@jessepollak
do people think it's Bad that @ethereumintern_ coined this poster on @zora, earned $217, had 615 people collect it, and now has 1% of the supply he can use to pay people to hang the poster around the world? that seems Good to me https://x.com/ethereumintern_/status/1911403125711192339?s=46
10 replies
11 recasts
87 reactions
six
@six
I don’t think anyone thinks that’s bad
1 reply
0 recast
0 reaction
jesse.base.eth 🔵
@jessepollak
I actually think a lot of people do - or they think someone doing the same thing when it's not about Ethereum is Bad
3 replies
0 recast
3 reactions
0xmons
@xmon.eth
i think it's bad because it's not something that you can do over and over diminishing returns per marginal coin you issue not a fan of the implicit moral framing here ("is it bad if person X made money, especially if person X is eth aligned") but i'll contest the object-level claim first
1 reply
0 recast
4 reactions
six
@six
well even then you are not saying the act itself is bad, but rather the expectation of repeated continuous behavior. which i think is a separate convo from the original question
2 replies
0 recast
0 reaction
0xmons
@xmon.eth
yeah but like this is how they get you, no? literally no one can actually argue against "free money" (where does the money come from i wonder, are traders losing out, we can run the numbers later, if inclined, i can) but it's always abt the knock-on / second order effects
1 reply
0 recast
2 reactions
six
@six
yea i think its valid to claim hypertokenization as a whole has negative downstream effects and discuss whether net good / net bad i do agree the money isn't free and people will lose money trading these coins - think ppl should decide for themselves whether or not to speculate on them, fee on volume is a fine business model would disagree with encouraging trading these as a way of making money, as i would w any tokens
1 reply
0 recast
1 reaction
0xmons
@xmon.eth
i think these are good qs to debate! i have opinions and i'm sure so do others! but notice how we deftly sidestepped them in (and i would argue much of the recent proponent's messaging) when all we do is focus on the short first-order positives ('oh wow free money who can argue with that')
0 reply
0 recast
2 reactions
