only in crypto will a success business model get labeled as "extractive"

make it make sense

Moderate-to-severe symptoms.


Writing a book /mirror-loom : https://paragraph.xyz/@mirrorandloom/

Only in crypto do dudes who have never done anything in their life except extractive schemes will claim only in crypto do successful business models get called extractive.

Pretty sure tradfi gets labeled that, health insurance too.

In crypto, ideals like decentralization often clash with traditional profit models what's sustainable elsewhere can be seen as extractive here

🍌 @revealcam | playing around onchain: @alfaca @offmarket @perl | vc warm intros | fid #539

Pretty sure half the early crypto industry was founded with Visa as the enemy.

i find it absurd too. nobody flips at visa for taking % and not airdropping cash to its users.

banger. the day clank.fun started making good money I became a rugger who won't buy back and burn like a good boy

It’s the only space where monetizing too early gets you side-eyed. 
But long-term products don’t survive without real revenue.

Some folks forget the point is to build sustainable systems, not just vibes and subsidies. 

A working business model should be the goal.