wrote this 15mo ago about emerging economic primitives on farcaster

the examples have changed, lot of it is now straight up deprecated, but the core point feels like it has stayed the same. now its stuff like rewards, noice, mini apps, clanker, Coining, QR, amps, among other things

a substrate for programmable social x money lends itself to emergent economic phenomena. seems clearly like a better long-term strat than top-down trying to figure out what the right economic phenomena should be

https://terminallyonchain.xyz/microeconomies

"When capital moves more efficiently within communities towards those who contribute to them, it strengthens those communities and enables participants to create more value in addition to capturing more as well."

totally agree! it's all about keeping the wealth within the community. more power to the people who make it thrive 🙌