Degen

good overview of the long term problem with the trenches by @dwr.eth 

pure memecoins that go $1B+ at the moment get there because there is no execution risk from the dev e.g. animal coins

imo this is the next 10x problem solve for launchpads, no one knows the answer

many founders will die trying to find the answer, I am fortunately one of those founders 😅

building @revealcam @alfaca @offmarket @perl | alum South Park Commons | previously cofounder SBLY.com, eng at Stripe | peter-kim.com

He kinda lost me at the TS analogy.

Impossible for Taylor Swift to do this as a tour involves hundreds if not thousands of different parties to coordinate a tour. 

She doesn’t make $2B net that is gross. You pay for the arenas, security, ushers, roadies, private jet pilots, etc. 

She as well of those involved are better off without her launching a coin. 

Stables on the other hand could improve the velocity at which all those folks are paid.

I think that was a over generalized example but the points make sense to me, will try to share my own personal thoughts on this as well soon