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ted (not lasso)
@ted
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.
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Apurv
@apurvkaushal
this is happening even outside of crypto - gen AI will basically make it easy for you to code an app , as easy as posting content on insta for e.g. Hence been thinking about how much agency & taste will be the only thing you matter - what are you building & how willing are you to execute it well. Taste is what will form identity.
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ted (not lasso)
@ted
agree
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