the only way you keep the creators is if you buy them — it is no different than any other network
all boarders are closed, all walls have doubled in size — increasingly, this is the future of the internet
everything will niche out — the internet is at full maturity, has consolidated, and is now refragmenting ahead of AI
people are looking for places where they can be MORE human, not less — all this shit we are throwing at them is LESS
consumer crypto is once again obsessed with the “normie”
no creator is going to understand what an “LP” is, what “fungible tokens” are, how to manage a token supply, or what a yoyo pairing means or does
every non-native creator that generates any kind of virality is going to rug their community — accidentally or not — as they have, every single time we’ve tried anything like this before
any exuberance is quickly sold by insiders — “free money” — that’s exactly what they came here for
ALL of the non-natives rug, ignorance or not, MOST of the natives rug at first sight of any kind of systematic slowdown
how do you prevent this? you give them a shit ton of money up front but you lock it up & stream it to them overtime
then you educate
still, this will not work because you have a crypto model that is entirely incompatible with “normies”
we have learned nothing — 10 years later
we still think if we go after normies & bombard them with shit they don’t understand at the very top of the funnel, they will retain
its the same reason why fc cannot retain non-crypto users
they come here & are immediately drowning in crypto content, which they DO NOT like
sure, we can shower them in engagement & pay them a bunch of money to stay for a while
but once those rewards dry up, they will churn, because they fundamentally have NO INTEREST in crypto
now we’re forcing them to “coin” themselves; we’re giving them a mid-5 fig market cap & trying to get them addicted real-time earned fees
they don’t even know what a market cap is! yet you’ve attached one to every post? to themselves? you’ve already lost them
then they look at the feed — IT’S CRYPTO — everything is crypto: it’s indexes, memes, crowdfunds
the first account is porn (they will churn once the payments stop); the next 9 are crypto
we are not serious about onboarding these so-called “normies”
otherwise we would not “tokenize” them at literally the first step in the funnel 11 replies
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The craziest thing about money in crypto, is that other users think that even though it’s money in someone else’s wallet, that random people online can decide what is moral or not moral, like building a project and failing is different than scamming yes…
But I never hear anyone in the real world look at someone else’s grocery cart and say “hey you shouldn’t be spending YOUR MONEY like that” maybe at a casino with gambling, but not with cashing out or saving from risk, apparently y’all go nuts over that huh
It’s almost like, if you can’t spend it or sell it how you like, it’s not YOUR MONEY, and it’s not free markets, it’s just a PayPal control grid
But that’s just me noticing the extreme amount of controls we have on money in everyday US dollars, sad to see those controls be thrown by the crypto community onto normies 0 reply
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