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res ipsa ☺︎
@resipsa
since i was little i had always dreamed of, when i grew up, contributing to building a bigger and faster casino that could be instrumental in corruption and political grift, and when people complained about the rich eating the poor, i could dumbfoundedly say to them, “this is crypto? no one ever promised it’d be fair, son”
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Thomas
@aviationdoctor.eth
My most recent take along those lines has been described and “naive and sweet” on the latest GM Farcaster episode 😂 There seems to be a lot of jadedness at the apparent inevitability of grift and corruption in and around Web3; or worse, people rationalizing that since it’s there regardless, one might as well partake in the casino, because if one doesn’t, “others will do it anyway” (what I call the drug dealer ethos). So we excuse grifters who run insider trades or pumps and dumps as “just being smart”, and we laugh these small crimes off as if they were part and parcel of the industry. We’ve completely normalized zero-sum mindsets. When pushed, some people will resolve the ethical cognitive dissonance by saying that we’ll eventually end up with KYCed/permissioned corpo-chains that will make grifting a thing of the past. Too bad if we also lose what made blockchains unique in the first place. It’s either the untrammeled PvP Far West, or some dystopian bastardized version of TardFi with blocks. Surely there can’t be a middle path where crypto matures into something better and more credible while retaining some of its cypherpunk qualities. And don’t call me Shirley. https://farcaster.xyz/aviationdoctor.eth/0x92116cf7
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Thomas
@aviationdoctor.eth
Also, Farcaster now natively enables commenting on token swaps and the tagline on the announcement was “Social + trading is our DNA”, so this place will increasingly embrace the casino (and no, I’m not saying casino == grift, but it’s hard to argue that both don’t share the same trait of being zero-sum PvP)
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Nounish Prof ⌐◧-◧🎩
@nounishprof
We loved your take! And would love to see a flight to quality(just not sure we will sadly)
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