Farcaster

I just learned that a reply from my account is worth ~$30 in Moxie, which is about 4x the federal minimum wage in the U.S.

This explains the prevalence of bots and reply guys lately. 

Overall, I have mixed feelings about this development. On one hand, it feels harmless to airdrop free money to people simply for engaging. On the other hand, it has a distorting effect on social interactions that makes it hard to know what is genuine. 

I also feel kind of gross that something called a “Fan Auction” was launched using my likeness without my consent or approval. I’m not sure what the financial implications of that are, but it certainly wasn’t enough for me to say yes since it involves my reputation. 

I’m not sure what to do. I don’t want to stop using the app and I’m obviously benefiting from the system, but am deeply conscious of the precedent my behavior will set for others.

Elevating onchain creators

@nodefoundation @brightmoments @ampsfun

phil

I think the only answer is to try not to think about it and keep operating as normal. But everyone is affected. I'm much more hesitant now to reply to anyone, especially short supportive replies, which I think are a natural reaction from real people to something they like. Constant self-monitoring is exhausting.