i disagree w @jessepollak on this. Words have to mean something. Diluting a word’s meaning isn’t helpful. If we wanna talk about all network participants, we can have a word for that

a new insight I've had from the last few months: traders are builders too. 

traders build the capital supply that enables innovation and provide leverage that helps builders go viral through price discovery. 

I'm sorry I didn't fully grok this sooner - traders are builders too.

jesse.base.eth

@base builder #001; onchain cities w/ OAK & city3

i disagree w @jessepollak on this. Words have to mean something. Diluting a word’s meaning isn’t helpful. If we wanna talk about all network participants, we can have a word for that

https://x.com/jessepollak/status/1870532048802447648?s=46

Values-Aligned Communities | citizen of Black Rock City

thanks for saying this. lots of developers reached out privately or in group chats expressing the same sentiment, afraid to say it out loud.

so are VCs also builders? they too build the capital supply that enables innovation, how’re they different?

why the mention of building something that “goes viral” instead of something that provides value on a long-term time horizon?

yes, traders and trading platforms drive the most txns and the most volume (which is every L2s OKR) so it makes sense why include this. but Base has *always* embraced memecoins and trading, so this just comes across as inauthentic marketing woo woo word salad.

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

i agree. this sentence in jesse's tweet is revealing (i added the caps):

> TRADERS build the capital supply that enables innovation and provide leverage that helps BUILDERS go viral through price discovery. 

he uses both words, and each means a different thing. the distinction is still important even to him