My 2c: the incentives inherent to the farcaster ecosystem are not sufficiently aligned to prevent this from happening again

Denying this means believing in “don’t be evil” as opposed to “can’t be evil”

Farcaster’s bet is that client diversity solves the misalignment between users and clients, but turns out open data is not enough to get people to build truly competitive clients that result in the desirable outcomes for users you’d expect from a free market

Maybe that changes if Farcaster has millions of users. Even with multiple high quality clients the incentives are not there for them to cooperate instead of capturing the market and being extractive

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