Farcaster

I simultaneously appreciate and struggle with FC’s willingness to churn existing users in pursuit of top line growth

The rationalist in me knows that being sub-scale is the worst outcome (neither 0 nor 1 in a boolean experiment)

But the romantic in me senses that this is a community project, not a platform

friendly neighborhood shitcaster // working on @pinetree

Thoughts on antidoteblog.com |
Farcaster Pro User #235 |
Agents and Intents @NEAR | prev investments and BD 
@ZkSync, NEA and Balderton Capital

I figured  - I mean what do you mean with churning existing users for growth? :)

I didn't say that -- it's great to amplify new users and increase retention

What I meant was that there have been many strategic and tactical pivots in just the ~2 years that I've been active here, not all of which are coherent with the reasons prior user cohorts joined the network

https://farcaster.xyz/androidsixteen.eth/0xc2e34ce6

Particularly the pivot to money as the primary hook for new users (leans into the wallet as the primary differentiator rather than decentralization or other previous narratives)

Very true -- decentralization may have been a hook for the earliest / ideological users, but that TAM is small

Point being: if you came for "decentralization", you may not stay for "money games"

Money games has a much bigger TAM though, so it makes sense from a rational company building approach to pivot

Most people don’t care about decentralisation though, most my friends don’t even know what that means.