On memecoins (some observations)
+ new memecoins are default-walking-dead
+ they function as lottery tickets for buyers
+ mass-culture acknowledgement = hitting the lottery
+ the lottery ticket does not expire until dev says so
+ devs make diminishing returns on unexpired tickets
+ devs spend reputation on each n...
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There's an art to spotting con-men and scammers. The very best of whom are great at what they do precisely bc they are skilled at appearing to be the opposite.
I lived most of my life in blissful ignorance of this art – I could hardly conceive of it.
I'm sorry to say that working in crypto earns you a PhD.
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To those who are concerned that I’m spending so much time in the Black Pits of Mordor these days…
It is literally for one reason and one reason only: to try to win
You don’t have to follow me into the pits. In fact, I advise against it. And you don’t even have to watch other. I get it completely and agree.
But every...
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Today, another Caleb shall end another Cameron
iykyk
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