once it occurred to me, the cryptoeconomy is pretty circular - we're basically all just sending money to eachother in exchange for different assets. this made me kinda bearish, "it's all froth", "there's nothing there"

but every economy is circular at the end of the day - just at different levels of scale

if you’re ever bored, read some Jane Jacobs. the theory and history behind local currencies and economies are fascinating.

shaping the ideas that shape us /native /believein 🇵🇸

yeah i read death and life of great american cities a long time, but been meaning to reread since i moved to ny

if you’re ever bored, read some Jane Jacobs. the theory and history behind local currencies and economies are fascinating. 

https://centerforneweconomics.org/newsletters/regional-currencies-growing-influence/

Money is just a shared belief.

When the assets cross over to meat world - right about to happen - you'll see the there, there. 🥰 

Keep the faith!

It really feels like that at the end of every bear market. 

Back in 2019 eth conferences was was I called a dev circlejerk.

You use my protocol, I use your protocol and we regurgitate TVL.

Then DeFi summer happened 🤷‍♂️

Truth! Hope you're having a great Sunday, six! ❤️