tldr (tim reilly) on Farcaster

Mmd 🔵 pfp

Translate (If it's true): It’s becoming clear that Farcaster no longer values its regular users

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tldr (tim reilly) pfp

tldr (tim reilly)

I think you’re misunderstanding. Farcaster team had nothing to do with $PRO. That was by normal builders who tonight FC Pro is an interesting set of users to do an airdrop to.

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Mmd 🔵 pfp

I understand now, thanks for clarifying, I thought you were referring to the future benefits for Farcaster itself I’m still really interested in buying Pro, but it seems like without the NFT, it might not be worth it since everyone’s focused on the first 10,000 users

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tldr (tim reilly) pfp

tldr (tim reilly)

Yeah without the nft I wouldn’t be expecting a lot of extra benefits. But who knows!

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keccers pfp

It ceases to make the subscription a durable revenue source for the protocol when you promote this narrative, which is is kind of funny. The whole point in theory was to find sustainable protocol revenue, but because everyone is lizard brained you created a product it’s impossible to justify buying beyond the 10k 😂

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tldr (tim reilly)

Lizard memory is short

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keccers pfp

Idk. I am not building a business here, so I don’t care either way. It’s just funny to me to see people who are building businesses on the protocol actively promote narratives that make it long term unsustainable

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tldr (tim reilly)

Idk — why are you so confident this leads to long term unsustainability? I could see it playing out in a hundred different ways.

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Mmd 🔵 pfp

We don’t really know Farcaster’s exact plans, but I think if the first 10,000 users are given a higher status and new buyers get a lower one, fewer people will want to join later. Even though I know Farcaster doesn’t really need this revenue because of its funding, I still think it’s important for all Pro buyers to have equal status

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tldr (tim reilly)

highly doubt this will happen. look at Farcaster OG NFT! nothing was more high status than that, and now no one cares. The "Latest Thing" will always prevail.

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keccers pfp

You are actively invested in ensuring it happens with your own messaging 😂 that’s why it’s so funny

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tldr (tim reilly)

what am I invested in?

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keccers pfp

The OG NFT was high status maybe, and there was some speculative mania around it, but it wasn’t really actively encouraged the same way. Unless you did write that thread and I missed it. There was never any overt implication you were ineligible for anything because you didn’t have it https://farcaster.xyz/tldr/0x7832af6a

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tldr (tim reilly)

i feel like youre too conspiratorial in your thinking. I honestly cant follow it. here's my take: entreprenuers (merkle) are trying things. people (casters) are composing on top of it. some people (users) are happy, some mad. it will all pass... no "narratives" will matter.

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keccers pfp

I am perfectly legible here — @mmdx66.eth seems to be able to understand? It’s not a conspiracy, either. I don’t know what else to say. I just can’t in good faith tell anyone to buy that stupid check as long as you and others reinforce the idea it’s not worth buying because only first 10k get benefits.

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tldr (tim reilly)

I also advised against buying the check if someone doesn’t want the features. I thought we were talking about whether all this was a clear “bad move” for Merkle.

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keccers pfp

Wait So you told people “don’t buy this unless you really want 4 pics” and then day later told people me and my fellow buyers are the “highest signal community”? Thats funny too It’s ok. I dont think you understand my perspective here and that’s okay

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tldr (tim reilly) pfp

tldr (tim reilly)

You’re neglecting the change of context: @mmdx66.eth asked if they should buy now, post initial launch. I said “not unless you want the features” Before though, for the thing Dan promoted hard every day, and set a finite limit on, my answer was: “if you are active and can afford it, def do it” (left curve)

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Mmd 🔵 pfp

Yeah, got it My criticism is about creating a distinction between the first 10k users and the rest.

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keccers pfp

Got it. I didn’t pick that up. Great. I think we are in agreement the check is a bad buy and you shouldn’t do it.

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