@itsbasil

downstream actors in fragmented networks inevitably become exit liquidity for upstream consolidators, specifically as networks mature protection requires top level liquidity provisioning, lock-up mechanisms & flywheels that align incentives across all lower level network nodes in other words, proper upstream network effects are needed before downstream interface or app level fragmentation can sustain without it, you’ve built a purely zero sum game; a finite game; a game of volatility & attention—one that will inevitably work against 99% of its participants it’s necessary that will build nested systems that can absorb shock at the lowest levels, eg. the creators, users & collectors only they can we begin to remove some “zero-sumness” from the equation; only then can the shrimp survive long enough to mature & reproduce everything else is noise & increasingly so

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