codeofcrypto
@codeofcrypto
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3128 Followers
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I completely agree.
I believe that killer feature that would work really well on here is paripatetic discourse, fostering front-facing video ideational maieutic dialog that would establish @farcaster as the decentralized, permissionless programable agora we so badly for existential reasons, including the viabilty of the network states to come…
I’m posting a four-part video series where I walk and talk across West Chelsea to Little Island and narrate these thoughts live. The video is the primary text—a demonstration of embodied, spontaneous, human discourse. This written version is only a derivative summary of that more authentic record (a hierarchy I’m sure Derrida would object to).
Ironically, even producing and posting these videos (has proved the whole point. I’ve tried to upload them multiple times, and each attempt has crashed in one way or another. I think I’m going to have to post four replies including all four videos, because I can’t post them to one post. Captions are a separate challenge entirely. The friction and technical hurdles are exactly why very few, save for that one based rhetrical genius @jessepollak, and the reincarnation of robert bly @jabo5779, posts them routinely, despite how valuable they are for proof of human personhood and authentic engagement. This effort is a labor of love, but it highlights how far the platform still has to go if it wants to make video-first discourse accessible and scalable.
I completely agree with you that Farcaster is best in class on the technical front: wallet integrations, programmable infrastructure, mini apps, economic incentives. But the killer feature—the one no other platform can replicate—is something older than any blockchain: a true decentralized, permissionless, programmable Agora.
In ancient Greece, the Agora was where citizens met to debate, dissent, and deliberate. No bots, no fake Socrates. Yes there was commerce, but it was predominantly for real humans in real dialogue.
Today, that’s the existential question: whether we can build a decentralized, censorship-resistant space for authentic human discourse. A place where ideas, not just tips and tokens, can flourish.
Text is cheap and getting cheaper. Soon, with agentic AI like Project Mariner, anyone can automate replies, simulate engagement, and flood the forum with glazed consensus. That reality makes front-facing video—real voices, real bodies, real birkenstocks, real hawaiian shirts from Opening Ceremony, real faces, real places—the most valuable and defensible medium. It’s still hard to fake, and it solves both the Sybil problem and the question of authenticity.
Imagine if Farcaster prioritized effortless creation of these videos:
• Native tools to record video, caption video, and segment video, perhaps with a custom caption font (purple and designed @j4ck.eth!)
• Auto-generated text summaries for sharing the post in the feed and discoverability.
• An overall design that elevates dialogue over engagement farming.
Yes, incentives have a role, but economic rewards alone can’t attract the people who care most about governance, ideas, and the good. Those people come for the discourse itself.
We’ve all seen what happens when platforms drift into “token go up” culture. The Agora dissolves into distraction.
This is why I think you, Balaji, are uniquely positioned to guide Farcaster and @dwr.eth toward becoming the civic space the network states need—a place where humans, not bots, debate the future.
I suspect @base is going to build one hell of highly social wallet, and sub-accounts will change the game but i fear that nothing styled and framed as a “wallet” can ever be a true agora, because wallets inherently privilege commercial and transactional engagement (over pleasurable ones, not to mention aristotles’ @codeofcrypto pursuit of the good, the auto-telic end that should be our north star)
Thanks again for all you’ve contributed to putting these questions front and center.
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I don’t think most people see the real conflict right now.
Crypto and Web3 are making noise (lol, noice). TradFi has been watching for years, but now they’re finally talking. My guess is they want retail to start piling in.
Is that good? I dont know.. maybe?
There’s the old Chinese story I keep thinking about:
A farmer’s horse runs away.
Neighbors say, “That’s terrible.”
He says, “Maybe.”
The horse comes back with wild horses.
“Great news.”
“Maybe.”
His son breaks his leg trying to tame one.
“Awful.”
“Maybe.”
Then the army shows up to take young men to war and his son is passed over.
The point is, we don’t know what anything means when it happens. Could be good. Could be bad. Time reveals the truth.
Right now, everyone’s hyped. BlackRock, Fidelity, Visa, JPMorgan, and Robinhood are all in. Feels like we made it..
But I’m not buying it, yet.
Custody is centralizing.
Privacy is fading.
Self-sovereignty is getting traded for convenience.
The same intrusive surveillance rails are being rebuilt onchain.
Is this the kind of adoption we wanted? Is this what the tech was meant for?
It’s concerning.
Robinhood’s team, including Vlad, is now trying to position itself as a Web3 leader. It’s worth remembering they were at the center of the GameStop freeze. You may remember, they took away the buy button for GME & AMC?
They halted trading while working closely with market makers like Citadel, whose incentives were clearly not aligned with retail. That was 2021, not ancient history.
Does that sound like the future we want?
Are we building something better, or just handing old power a better set of tools?
We don’t have to call it bullish or bearish.
Just think we need to pay more attention.
Maybe it’s good. Maybe not.
We’ll see. 12 replies
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