“farcaster growth is being held back because coinbase sponsored a military parade” was not a take I had on my bingo card for 2025 yet here we are

Farcaster-native research: https://paragraph.xyz/@matthewb | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

infosec and web3 engineer | founder @metavate | building @rafflecast 🎟️💫

true, not directly. It’s no secret that Base and ultimately Coinbase is a large part of the ecosystem, however 
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valid point of view, pretty much nothing to do with farcaster however

I know CB wants to look good for the current administration, but that was poor form and a disgusting waste of money, all around. To see a company that I respect, support the parade, was a letdown honestly. ￼

writing stuff about tech + decentralization

Ah I see. Well it’s certainly not going to help the perception of crypto with anyone who who already dislikes crypto—nor anyone with actual crypto/cypherpunk values—but I don’t see it as being explicitly Farcaster adjacent.

yes, someone said this was what prevented them from inviting friends to farcaster

Did someone make that particular connection? I see people faulting coinbase not faulting Farcaster

I don't think Farcaster growth has anything to do with it