you may not personally be interested in trading or markets more broadly but it is a valid (and popular) form of content nonetheless

writing about products & protocols on Farcaster | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

this same exact conversation happened awhile ago about lifestyle content (“the sisters are always top 3”, “it’s too much like instagram,” etc.). algo was clearly biased towards that content at the time, yet it didn’t magically lead to tons of new users.

I think most are just frustrated with the lack of growth more broadly. there is no magic wave of the wand for merkle to suddenly make this a normie social network that will appeal to everyone on earth. gonna be tradeoffs no matter how they proceed in the idea maze.

It's not that trading isn't relevant content, it's just WAY too high of a percentage of what is going on here. That's fine if Farcaster never wants to grow, but if we want to attract people outside of our bubble, all the trading stuff is a huge turnoff.

the “trading is ruining farcaster” take also seems very popular with those who don’t have the skill, time, and/or interest in making money via trading. 

this is fine, of course, but doesn’t mean that the rest of the world is indifferent to magic internet money.

Working on something new. Love all dogs and especially my own. ex-Ledger

it is certainly a growing part of culture (whatever that means now), but not the only thing either

Sports betting, prediction markets, meme coins…

Is this really *culture* now?

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yes! I think this all comes back to giving users more control over their feed. we need to make it easy to build your own experience, rather than enforcing a particular bias or strategy.

I don’t really care for it myself but as I’ve been in crypto since ‘17 I’ve become used to it being amongst the worlds. As long as I still see my gurlie content and friends they can do whatever heh

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caught me red handed, not feeling the bsc thing 😮‍💨

it just seems so silly to throw shade at a particular type of content. you could say the exact same things about the previous push towards lifestyle content.

not really sure why anyone would get mad about latte pics. same thing for charts lol.

Its just a reminder how small our little corner is still. That the popular content you don’t happen to want to see can’t be escaped

My take on this is anyone who detests crypto to begin with wouldn’t try Farcaster even before all of this, given just the word cryptocurrency or NFT appearing.

I think it’s a great move to secure the market that already exists and is willing to give FC a try.