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HOLD UP WARP HAS VIDEO NOW??
wen unreasonably long form warpcast posts ;_; https://x.com/jtriley_eth/status/1813571754230456601
incredibly refreshing to see notable voices point out the speculation and speculation accessories meta. venture capital was a premature abstraction, rocket fuel showed up looking to take off and the rocket isn't assembled decline of hilarious defi summer yields and subsequent nft frenzy leaves an increasing pool of capital looking for increasingly scarce yield. as capital moves to other industries, it will be generally considered a "death of crypto" but is exactly the opposite. cultural maturation happens when there is no bag for which dishonesty can benefit the revolution will be underfunded
crypto devs are due for a cultural revolution venture slopfest grows older by the day, memecoins offer nihilistic alternative, but neither are satisfying for those of us sold on agent codification where rules are smart contract source files and enforcement is beautiful composition of cryptography and social consensus over code execution the crypto we were born into no longer exists. but it's all too easy to forget where the industry comes from, where the technology comes from. cryptographers and game theoreticists lay foundations, but implementations don't exist without implementors what we do doesn't have to be big, it doesn't have to be the next ethereum, we just have to open the editor