you can extract as much as you want in this space so long as you either:
1) kiss the right asses
2) already have your circle
3) don’t care about any circle
so not sure why people are anon bc it doesn’t matter — if you make people money, no one cares
the only people who care are the ones who are paying attention & didn’t make money or those who got caught holding the bag
for example: no one would’ve cared about the $fair presale if they got in on it, proxy will return to open arms, alon drops his bags on retail, traders get praised on any extended timeline
it’s all one big game where time heals all wounds, but profits avoid them completely
all you have to do is get out in time & wait for the facade of pitchforks to fade or make a bunch of people rich in the process
caring prevents some of the extraction, so caring gets you shot — everything slushes in the shadows; you are ID’d
it’s the same with regular capital markets, the guys who extract the most are the same guys who write the rules; the same guys who frontrun you; the same guys who sell fat-fee retirement funds to the middle class
make the right people rich & become invincible or become so rich yourself that people don’t care about anything else you’ve done so long as you inject
don’t let anyone fool you: this is a zero-sum game — christian rap or not, there will always be a winner & a fool…
the guy who extracts a few million from a coin & destroy a project’s market position is a hero six months later when he decides to reinvest half back into the eco & pump some bags
let’s be honest: at a minimum, 90% of people here are exclusively in it to profit… so if you’re not making money, what does that make you?
will you hate the player, or the game? it matters not
this has been pretty obvious on CT for years but less obvious over here, despite this place fundamentally operating the same way
it’s just the way things are, which is why i left finance, left ct several times, and is something i’ve had a hard time wising up to in this eco
that said, i still intend on trying to do the right thing but also now understand that the right thing usually holds you back as all lines are drawn in the sand
the same sand that’s raked each night; the same sand that’s used the following year without concern or care; the same sand that’s restricted to members only
either way, i will put myself first going forward but will take as many people with me as i possibly can
we may have to hop ships a few times but we will get where we are going 23 replies
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