Degen

Being a degen is fun, and sometimes profitable, but boy can it be exhausting

The amount of random tokens dropping on Base now is insane

Almost all of them will go to zero

Don’t get caught chasing shiny objects

Better to have high conviction in 2-3 coins than low conviction in 20 🎩🫡

Writing weekly long-form posts here: zeneca.xyz

Agree. Farcaster is onboarding a cohort of less experienced users who will get swept up in shitcoin mania, forgoing due diligence, leaving themselves open to predation and scams.

Farcaster's ascent has attracted more than angel investor / noble hearted degentlemanly types. Monsters are coming, be ready ☠️

always has been and always will be the same. We're playing off human incentives here. What was tulips in netherlands, gold in US, then stocks, DEFI, NFTs, now back to Coins on L2s