Consumer Crypto
the hub for consumer crypto products, ideas, and mindshare
nicholas 🧨 pfp

@nicholas

Join the /consumercrypto conversation https://modbot.sh/channels/consumercrypto/join?c=42f5cb
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Pete (aka BFG) pfp

@bfg

created using @doodles AI - loving it 😍
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Pete (aka BFG) pfp

@bfg

Can anyone tell me what's with Gnosis Circles? 🥸 Is it just another way to complicate money or am I missing something? https://aboutcircles.com/
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Pete (aka BFG) pfp

@bfg

Seems like a fitting parallel - Money was invented to pay soldiers. It seems like it happened almost simultaneously in different historic places and societies - but for the same purpose. Are we all soldiers for elites, for social networks, for tech overlords and bots? 🤔 I guess everyone will have her/his own answer to this Q 😇
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Pete (aka BFG) pfp

@bfg

anyone tracking any of these ... ? 🧐
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Pete (aka BFG) pfp

@bfg

Interesting (and not flattering) stats on crypto retention 😳 https://x.com/fabianosolana/status/2032482163850141737?s=46&t=vGdL6gMJv0qcvymUV8209g
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Pete (aka BFG) pfp

@bfg

I had two relatively depressing revelations about our crypto space today 🚨 the second one is far scarier than the first one, so I'll articulate that 🙄 Why is this one scarier? Because it defines whom we meet in this space and who's building here. I am pretty sure that crypto now has the worst reputation it ever had - and on top of it there are other really appealing tech trends to go after. That prevents pretty much everyone really smart (i.e. people with options) from wanting to build anything in crypto. We tap ourselves on the back that we are still here. I mean some really smart and visionary people who started the crypto movement, like Vitalik and others, are still here but there are no net new really smart people coming because it's not a net addition to their career path. If you show you work or worked on anything in crypto, aka "you are or were part of that scam and casino industry," it won't get you applause. It won't get you taps on the back. It will get you sideways looks. Which means that if you like tech and are really smart, you go and work on in banking (sorry, we now call it stablecoins) or AI, or any other thing which is somehow related to AI. And that is really sad. And it also is the biggest problem we now have. Only smart people with industry knowledge from outside of crypto can bring us to the next meta of building crypto rails which are actually useful for someone and something. It's not about philosophy any more it's about action. When there are no new smart & knowledgable people flowing in and many are flowing out, we are never going to get there because we will be stuck here in cycle we see now - rehashing all the casino, gambling, betting, predicting versions of products we already had. And we'll slap a tokenomics on everything AI to make it incomprehensible to everyone outside crypto. That's kind of a self-defeating cycle our damaged image leaves us with. We can also partly thanks for that the president who siphoned a couple of hundred million out of crypto by launching his own token - so go figure others followed suite and here we are again.
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Pete (aka BFG) pfp

@bfg

Not very encouraging but someone needs to hear it today ... 🚨 ... most tokens do not need to exist! They exist primarily to create tradable assets from which insiders extract value, precisely the dynamic crypto was supposed to eliminate. 😨
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Pete (aka BFG) pfp

@bfg

This was about $70 some weeks ago 🥲 Price of early support in crypto space is (again) going through the roof in 2026
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Pete (aka BFG) pfp

@bfg

interesting things coming ... Elon will probably surprise everyone again https://x.com/SweatyKodi/status/2028932768017858708?s=20
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Pete (aka BFG) pfp

@bfg

I think I missed two which I tend to open during the day @inflynce because orange 🟧 is my color and Vault - because it has simple perps trading that it’s like - waiting for a coffee trading app 🙈
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Pete (aka BFG) pfp

@bfg

That’s how you make “number go up” for TER 💪 https://x.com/timourxyz/status/2026052519588438465?s=46&t=vGdL6gMJv0qcvymUV8209g
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@ayomide.eth

Card is here.
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@ayomide.eth

Incredible crypto tech. It doesn't even take this long to go from USD to a currency in Asia.
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Pete (aka BFG) pfp

@bfg

Stani is apparently bored with doing only onchain things — but this Aave directional expansion into kinda solar RWAs collaterals is good 👍 https://x.com/stanikulechov/status/2023079479493452013?s=46&t=vGdL6gMJv0qcvymUV8209g
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