BLOCK 973891
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blockpost.network 4,737 posts
Cleartoken pyramids , important word 'token' to include as the token is not the network's coin
There is no good antonym for distribute.
Dedistribute must be the new word:
When whales with social media influence run FOMO pyramids, this causes dedisribution of coins, as money flows in small amounts from a broad base of users ( by prior distribution) back to the hands of whales running the pyramid
If coin distribution helps network effect, then dedistriibtion harms network effects.
Ok one more try, fix the typos and missing word
Dedistribute :
When whales with social media influence run token FOMO pyramids, this causes dedistribution of coins, as money flows in small amounts from a broad base of users ( by prior distribution) back to the hands of whales running the pyramid
If coin distribution helps network effect, then dedistribution harms network effects.
Image somebody bought ORDI at $27 early this week.
pumps are bad for Bitcoin, for multiple reasons
its worse than zero sum bc of the money flow upward and the pyramid nature of pumps.
Pump money will have flowed to from a breadth of bottom peripheral users, who are always the last to get in, to miners for fees and mostly to the few top pyramid guys. Pumps cause dedistribution of coin.
if user growth is the goal, the last thing you want is to wash out those peripheral new users, who then leave embittered , destroying network effect gains won over time.
For many years I followed global macro financial events closely. In Recent years , much less so.
Lebanon recently came to my attention even though it's been festering for years.
it's an interesting case study in devaluation. It's also really bad at a human level. Those folks are going through terrible times .
CSW speaks of P2P commerce
I am on board with that 100%
Children could be taught critical thinking in school or by parents but generally they don't learn this. They do learn all the other default human follies like tribalism and materialism.
so then they age a few years and arrive on social media. Funny that they need to encounter somebody like elon musk or younger influencers to gain exposure to basic critical thought .
Yet other people who probably don't like that try to jump into their minds while they are younger and expose them to bad ideas over TikTok or Roblox
Reposted
Correction here- CG interview- bitsurf remains in favor of on-chain posting , data interop and is pro- open social. That's good to hear , as the app approach will converge value rather than fragment it
1Mx9S2…ESsm 3.5y
Bitsurfhas some interesting token-oriented features. I suppose a bit more use case life to Run as well.
They also add inconsistency to the social ecosystem and more user fragmenotation.
El gato volador.
Cool
It's a great fad, but fads tend to go dud.
Do share the link...
Well, obviously it needs a de-duplication feature as your post was copied here multiple times.
I Wish we could visit local market in this place, you could find any fruits there
Bitsurfhas some interesting token-oriented features. I suppose a bit more use case life to Run as well.
They also add inconsistency to the social ecosystem and more user fragmenotation.
Why we use blockpost- open social posting and viewing has value. unfortunately, this is using BAP but the others aren't. they are using HC or RelayX wallets and twetch has their own wallet. On-chain ids are a value multiplier. I hope eventually more app teams come around.
What's the context here?