woj
@woj.eth
what do you think slows farcaster growth the most?
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tldr (tim reilly)
@tldr
lack of fomo
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ted (not lasso)
@ted
yes, heard this from several on twitter directly. issue is that crypto FOMO = $$, which doesn't always attract users who are necessarily high leverage / impact for a social content-based network.
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tldr (tim reilly)
@tldr
Depends on how much $$$ they can make I guess. A lot of pretty high leverage people went really hard into NFTs last cycle
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ted (not lasso)
@ted
i think they did so on the promise that NFTs were the next wave of innovation of art / creativity that would be here to stay, not necessarily for the $$ although that was a perk
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tldr (tim reilly)
@tldr
Yeah I always experienced that as a backwards-looking narrative to attempt to justify (and propel) how much money was being made on NFTs. But I don't know how much it moved other people.
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ted (not lasso)
@ted
what makes you say that
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tldr (tim reilly)
@tldr
My main evidence is that this is what happens on the project level. Over and over people will talk about hwo the "art" and "creativity" of the spefici project are amazing *if* the price is high. But then they think it's terrible when it's down or dropped. It's almost like post-sex clarity – I think they really are feeling this way in the moment of price being high... but they could probably feel it about almost anything that makes them money. My sense is that the same thing was happening at the macro level about nfts themselves.
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