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this seems true - related, punks specifically feel emblematic of a specific cypherpunkish ethereum L1 culture (stuff like terraforms, xcopy also fit here). the decline of $ETH the asset, and Ethereum L1 as an execution layer, has also led to the decline of this specific culture i think i used to think punks where like, the premier scarce cultural artifacts in crypto, but this no longer seems true to me, they are specifically the premier artifacts for *ethereum L1* so ETH L2s can "win", but if $ETH continues to underperform and people don't use the L1 then i'd still be bearish punks
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in this way i *do* think L2s can be "parasitic" to the L1 because they are not just outsourcing execution/app layer but also outsourcing cultural stewardship.
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