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ˢʷᶦᵐ 🩸
@swim
i think this will drastically change the dynamic of $degen because you don't have to lock up any degen and farmoors hate tipping their own money.. might see that $1 degen after all
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Jarrett
@jarrettr
why would anyone choose to tip with degen now?
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Terry Bain
@terrybain
I tip with $degen on @noiceapp every day. Actual $degen from my own wallet.
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Jarrett
@jarrettr
but why?
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ˢʷᶦᵐ 🩸
@swim
it's literally a legit coin, why wouldn't we? i rather that than fucking $kart.. i dump kart the millisecond someone sends me any
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Jarrett
@jarrettr
I’m just curious why degen and not any other legit coin? There’s just no real differentiator anymore
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ˢʷᶦᵐ 🩸
@swim
that's the point lol there's no difference. but honestly degen will outlast 90% of worthless coins on this app people who don't know about Farcaster have thousands of dollars in degen because they just think it's a base meme. Sometimes you gotta think bigger than this purple app
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Jarrett
@jarrettr
It might, but higher seems like a better pick if people want a coin associated with Farcaster at this point. Stuff like Bankr, Noice, and Tipn are going to eat them alive when it comes to tipping people from your wallet too The retroactive rules, the unilaterally nuking allowances and then removing them completely, and the pivoting to the new hot thing that no one asked for all give of MAJOR moxie vibes I just really don’t see how any of the decisions made by Degen leadership are good long term (short term it might be a nice exit opportunity as emissions are 0), and Jacek is out here doing ChatGPT and Elon tier posts and replies lol. Doesn’t really inspire confidence
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Terry Bain
@terrybain
I'm sorry but comparing Jacek to Elon is bizarre. And I don't think even tipn is necessarily hoping that the tipped coins are associated with Farcaster only. That's just asking for failure. And the $degen investors outside the Farcaster echo chamber don't give a fuck about the past tipping mechanics. It's a solid brand despite whatever mistakes Jacek may have made.
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ˢʷᶦᵐ 🩸
@swim
basically, whatever is happening on Farcaster it's a spit in the ocean for outside holders. they just don't care about the riff raff happening in the meantime
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Jarrett
@jarrettr
I think you might find that not many people on the outside are holding much degen anymore tbh, and if they are it’s only because it’s sitting at the bottom of their wallet and they haven’t seen it in a while lol
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