Farcaster

Degen

On Friday, Polymarket showed a 75% chance the US would go to war with Iran. By Saturday, the site was down for me. Around midnight Polish time, ETH dropped to $2.2k, and just two hours later, headlines confirmed the US had entered the war. Markets really do see the future sometimes.

The world’s full of unseen turmoil. Crypto’s no different though. Since leading Degen, I’ve learned this space isn’t all memes and good vibes. Behind the scenes, it’s cutthroat. Ideas get stolen, people stall competitors, smear reputations, pay bribes (I’ve seen it), and gatekeep access.

Everyone talks about building value, but it’s rarely that clean. One project’s loss is another’s win.

Degen survives because I’m willing to deal with that mess. And if crypto’s this dirty, imagine politics.