Degen

quote recasting because my deep comment in the thread won't be seen:

it's not as simple as going back to the old system because that old system wasn't designed for a $100M memecoin

tipping worked because no one thought the tips were worth anything

as soon as tips became valuable, the reward to farm was too high and we fell into this endless cat and mouse game of policing tips that @bitfloorsghost.eth rightly points out has ruined the fun for everyone

but we can't just bring tips back as they were either

it's like Bitcoin mining, early on the difficulty was low but it ratcheted up as Bitcoin became more valuable 

the network would be destroyed if we took Bitcoin back to those low difficulty levels again

so how does DEGEN get saved? you need to find new HIGH DIFFICULTY ways to distribute the airdrops so they go to people that actually put in effort

@kenny is right — as $DEGEN grows, it’s like Bitcoin. Early days were easy, now the difficulty has to rise. Most won’t mine BTC today cause it’s too costly. Same with $DEGEN: we need high-effort, high-return ways to earn it. No free lunch. The difficulty ratchets up 🎩

incentivizing things @ poidh.xyz - come chill /poidh + follow @poidhbot

1/3 You have to compare what’s actually comparable.
There’s a lot of noise right now around Degen L3 — dilution, tokenomics, etc. But comparing Degen to Bitcoin L1 is a flawed framework.

I’ve been on both sides:
– I mined BTC when it was still realistically profitable for individuals.
– I also contributed to early-stage “shitcoins” as a community dev or supporter, often with the goal of building or swapping into BTC.

Bitcoin had over 10 years to become what it is today.
It had the luxury of time, experimentation, and gradual adoption.
Some mined, some built, some just believed early.
But no one expected a perfect economic model in the first year.

Degen L3 is one year old.
It’s not a Layer 1. It’s not BTC. It’s a playground for social, economic, and community experimentation.
Trying to over-stabilize the ecosystem too early kills the same creative energy that brought attention in the first place.