Thanks to Claude again for organizing my braindump into an article.

If you hate the new wallet emphasis, this blog's for you.

If you love the new wallet emphasis, you can show me who's boss by buying $dfern.

Either way: clank clank.

Farcaster's Growing Pains: The Delicate Balance Between Crypto Innovation and Mass Appeal

Software Engineer @ Cadence Design Systems. B4: Stanford EE / Illinois ECE

dfern

The common denominator between people who want public wallets is not making any money and swapping $10 at a time to larp

Dickbutt

You mean making money by trading? Yeah I don't think the current push is to try and capture the Hyperliquid daytraders or whales. There are other reasons to have a wallet: interacting with apps, social proof (like showing you bought an artist's NFTs before anyone else), creating groupchats based on POAPs, etc etc. IDK how much & how long Clanker will sustain ARR since I'm not a memecoin bull, but it is currently throwing off *a lot* more cash than I thought it would given $10 trades and whatnot, so I was wrong.