Degen

/new-york by day 🗽 /untzuntz by night 😈 Fan of eating tacos and bringing people together, often at the same time 🌮

yeah I hear that and I guess the question is whether those $1m coins on Solana are real opportunities or predominantly a game that no regular trader can win

https://farcaster.xyz/peter/0xc84b81d9

so the way I see it:

the "trenches" are a game with real opportunities. Most “regular traders” will lose. Some will quit, some will get better, some will get so good that they make generational wealth from the trenches and retire. The solana trenches have done a good job of providing a "solution" to growing financial nihilism. I don't think see it as bad that most can't win. I don't see it as right or wrong, it just is.

base is interesting because you see flashes of tradfi investing philosophies. Real projects, doxxed builders, more stable charts. The longer some of these base projects survive and thrive, it'll attract new participants (which is ultimately the real goal)

in my eyes, why can't base do both? Build amazing trench conditions for pure speculators/traders, while continuing to foster an environment for long term builders. We saw some flashes of this last fall with base memes receiving parabolic moves ($SKI, $DOGINME)

That's when the "base is for everyone" vision makes the most sense to me.

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

100% agree

both can and should co-exist on base

work to do!