@ferran
I’ve been saying this for months. You don’t get a public square by using the blueprints for a casino. If the whole system is wired for extraction and social interaction financialization, everything it touches turns into something extractive and financialized. And that will be the key metrics they will set to measure. That’s not a bug, it’s the design working flawlessly.
When the incentives line up around speculation and low quality content, you don’t magically end up with a healthy social protocol. You get a casino with a timeline strapped to the side.
The idea of Farcaster as a “decentralized social network” is gone amigos.
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