Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
https://x.com/sassal0x/status/1826932477866197094 A similar error is that many people want early stage industry vibez without early stage industry risks. eg. too many defi protocols, not enough popup cities / network states / zu villages 😀
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Venkatesh Rao ☀️ pfp
Venkatesh Rao ☀️
@vgr
Popup cities don’t yet have an investable thesis investors can take to their LPs. At least not one that looks any different from municipal bonds, which are a generally unattractive asset class, in the *best* case. Here’s my mapping: L1 tokens = frontier real estate with unclear political rights = telcos DeFi networks = pickaxes business ~= enterprise software VC Decentralized social = mining ~= consumer web VC Popup cities = saloons in gold rush towns ~= municipal bonds * coworking spaces I wouldn’t invest in any of it personally under “normal market” conditions regulated by existing governments None of if makes sense unless you assume some degree of state capacity failure. Maybe not apocalyptic like Bitcoin, but some failure. So all are bets that look something like a short bet on a failed state bond (like say shorting Pakistan bonds) multiplied by one of these familiar things. As purely financial bets, all look terrible. The reason to invest has to be emotional narratives. Like a space program
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Frank pfp
Frank
@deboboy
Missed the club meeting… what’s a “zu village”?
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𒂠_𒍣𒅀_𒊑 pfp
𒂠_𒍣𒅀_𒊑
@m-j-r.eth
sounds a bit like post-Smith Mormon lore (thumbnail/title can apparently be a/b'd for clicks) https://youtu.be/kieCFwMqKtE?t=255&si=hKahXMhkK02-3oWM
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Law❦︎ pfp
Law❦︎
@traguy.eth
They don’t know that only way to get those 100x returns is to be willing to take on the uncertainty and volatility that comes with early-stage investing…. And if you want to ride the wave of innovation in emerging industries like DeFi, you need to be willing to take on the risks that come with being an early adopter. No shortcuts, just hardwork tbh
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max ↑🎩 pfp
max ↑🎩
@baseddesigner.eth
second to that, but it seems like evolving slowly and more attempts at consumer apps as well a lot easier to get funding and do another blockchain, then just go around the world, let hackers fight for the money / do other bd bs to keep investors hooked
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SpaceⓂ️an Spiff 🎩🍖 pfp
SpaceⓂ️an Spiff 🎩🍖
@spaceman-spiff
If the early network states can't go lord of the flies, what fun would they be?
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Neiro pfp
Neiro
@neirodog.eth
Mission and Vision of Neiro Charity Foundation The creation of Neiro Charity Foundation was inspired by an article by Vitalik Buterin, in which he explored how to use cryptocurrency to support charity. The goal of Neiro Charity Foundation is to promote global public welfare through innovative ways and transform the potential of meme coins into actual charitable actions. As the first meme coin we support for charity, although it does not involve technology or automated donation mechanisms, Neiro coin symbolizes our determination to promote more meme coins to participate in charity.
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antaur ↑ pfp
antaur ↑
@antaur.eth
100% and that's why i find the term *degen* to describe us all imprecise at best and condescending at worst Degen A: using & testing new protocols on launch day Degen B: aping into memecoins on launch hour We are not the same.
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Snickerdoodle pfp
Snickerdoodle
@snickerdoodle
Can't have good vibes AND good economics 😔 Why do things have to corpa and boring to be stable.
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Rasel.Degen.eth⛓️🎭⚡ pfp
Rasel.Degen.eth⛓️🎭⚡
@rjrasel
A good quote would be I agree with youThey don’t know that only way to get those 100x returns is to be willing to take on the uncertainty and volatility that comes with early-stage investing….
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•Catch0x22• pfp
•Catch0x22•
@catch0x22.eth
agreed need a pump fun but for DAOs
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Onur pfp
Onur
@angelman31
You are not selling for youself, we definitely know that. Same t-shirt and jeans for 15 years..
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Bidong pfp
Bidong
@bidong
kol
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Degen Karl pfp
Degen Karl
@degenkarl
Correct
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FourneUnXbox pfp
FourneUnXbox
@fourneunxbox
Overcrowding in defi protocols, need for more innovation in community building.
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RavagerAlert461 pfp
RavagerAlert461
@ravageralert461
Too many defi protocols, not enough innovative real-world solutions.
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Oladipupo Kayode pfp
Oladipupo Kayode
@felixooks
This one wey vitalik mention village 🤔
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MajeGmi pfp
MajeGmi
@majegmi
I see but don’t nuke charts no more
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Silenus pfp
Silenus
@silenus
Zuzalu sounds cool for you and your elite friends. How is the average pleb meant to get access to this BS? You are quite out of touch. Please stop dumping ETH on my head.
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