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

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.

imo the most justifiable part of focusing on trading is that this is building all same infrastructure that will be used for other things too, more socially popular things.

the same infra we built for taking loans against stupid jpegs will someday be used for renewing our mortgages.

the same infra we're building for weird cross chain swaps of memecoins with minimal liquidity to squeeze out the best possible prices will ultimately be used to power cross-stablecoin payments with merchants with way better rates than trad forex can give us.

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

shazow.net

Currently: WhatsABI

Ethereum

love your perspective on this, completely agree.

I also think the backlash is a bit futile since speculation will always happen whether you like it or not. same thing with latte pics. creating more of what *you* want to see is probably the only productive thing you can do.

yea, we each find the "rhyme" of past experiences as a lens for what's happening today.

another good one is the old adage of how porn was always the pioneer for web technologies, the tech we built to scale lazy loading galleries, scrubbing videos in realtime with previews, etc etc was useful for things far beyond porn, but it's nice to have a low hanging fruit use case that is happily funding the work that we'll all benefit from later even if it's not a socially popular one.

that’s a really good way of looking at it, thank you!

and to be clear I’m not necessarily endorsing this particular path forward as the correct one, just pointing out that there was an identical conversation re: lifestyle content (the polar opposite of trading) like 2 months back or whatever.