$ETH, $ZEC, $TAO.
- Ethereum for sovereignty in public infrastructure
- Zcash for private exit from financial legibility
- Bittensor for the market for machine labour
Read the theses. They explain the pressure.
$ETH: https://farcaster.xyz/18kgoldsouvenir.eth/0x27e5471b
$ZEC: https://farcaster.xyz/18kgoldsouvenir.eth/0x3e315fc2
$TAO: https://farcaster.xyz/18kgoldsouvenir.eth/0x44c4b8d9
I’ve been reading a lot of takes over the last few days and figured I’d share mine. I’ve been on Farcaster since the early days and I don’t really have an issue with the team leaning into the wallet. Startups have to iterate, test new directions, and look for traction. I’m doing the same with my own.
And honestly, Farcaster already feels “decentralised enough” to me (as a non technical person). I can export my FC wallet, and if I ever got banned from the main app, I could still use another client without losing my graph. That baseline, to me, is fine.
Where things start to break for me is the shift toward a more financial product without the corresponding level of agency and accountability from leadership. The recent events made it pretty clear that the most vocal leaders (@dwr and @zinger) aren’t showing the kind of reflection you’d expect when you’re pushing financial features onto users. That mismatch feels like a major real red flag.
The CA thing from DWR was just… unnecessary. And not owning it makes it worse. The replies from zinger about how none of this is PnDs or illiquid coins or “shilling” only reinforce that the person promoting the wallet might not be the right fit for the broader Farcaster community.
And this makes me angry. Farcaster was always THE town square where the "good people" met and exchanged ideas. Those that had a more idealistic view on crypto and how to push it forward and have a positive impact. I feel like this culture gets lost by a very vocal leadership that goes into another direction. I think that's also what many OGs on here feel too.
It would be great if leadership actually listened to the people who’ve been around for a long time instead of gaslighting them as simply “wrong.” Cherry-picking a detail someone got slightly off and using it to dismiss the entire point is not real engagement.
If the product is going to lean more into finance, then listening to serious feedback should matter even more.