Stephan pfp
Stephan

@stephancill

Still need to do more reflection on the social trading / be early pivot, but one thing is becoming clear: For anyone to be early, someone has to be late. If farcaster originates a bunch of tokens but doesn’t effectively “export” them to be bought by other players then it’s just pvp within Farcaster, which will just siphon liquidity to the best traders / insiders / platforms and deteriorate sentiment over time The alternative scenario is actual growth. App coins (and maybe even creator coins) probably have a better shot at this than memecoins at least. However I don’t think the ecosystem has the patience for longer term plays at the moment - timelines for expected return are shortening, not extending
14 replies
18 recasts
135 reactions