Because beyond Ethereum’s core initial promise of letting everyone launch their own coin with a few lines of code, which was solid,
— nearly everything else was wordcel BS
Obvious lies, to anyone who ever bothered to ask if what they were saying is actually good or true
…But that initial idea was still big.
Well, now all the BS is finally catching up with them.
About time.
Solana isn’t the ultimate answer either… but Solana doesn’t really pretend to be, unlike Ethereum.
— nearly everything else was wordcel BS
Obvious lies, to anyone who ever bothered to ask if what they were saying is actually good or true
…But that initial idea was still big.
Well, now all the BS is finally catching up with them.
About time.
Solana isn’t the ultimate answer either… but Solana doesn’t really pretend to be, unlike Ethereum.
Nah, Farcaster went the wrong direction
Initially was great for memes, and I’d been ran one of the top meme groups on there
Then they decided to fill it with devs and reduce focus on memes.
What’s wrong with that?
Same as filling a straight club full of 100% men and no women.
Gay af.
Same as a surrounding a band just with other bands.
Retarded.
Creators need to be surrounded with their potential AUDIENCE members,
NOT with other creators.
Farcaster f’ed up.
Initially was great for memes, and I’d been ran one of the top meme groups on there
Then they decided to fill it with devs and reduce focus on memes.
What’s wrong with that?
Same as filling a straight club full of 100% men and no women.
Gay af.
Same as a surrounding a band just with other bands.
Retarded.
Creators need to be surrounded with their potential AUDIENCE members,
NOT with other creators.
Farcaster f’ed up.
Show me a SINGLE one that has anything remotely resembling the basic elements of BOME bet, and which I can buy in now:
(1) Earnest leader in his domain with small cult following: #1 artist in his narrow genre, of trendy pixelated pepes — which is why we decided to make his art the foundation of ours, long before the BOME launch. Or alternately, any obviously-earnest thought leader whose been slaving away through the broke times, even if their following is currently tiny.
(2) Sufficient initial capital, ~50%+ to be put into pumping: $1.6M raised in the fair launch before the fair launch closed
(3) Years of work to lose: BOME guy had a lonmg track record of posting for over a year prior, and putting his persona’s reputation on the line
(4) Good market conditions, preferrably: BOME launched right after SOL had a huge surge, MVRV was very high.
Seriously, anyone show me. I’ll cut anyone in on the gains if you’re the first to alert me to one.
You won’t quickly go broke hunting for the next BOME — because you objectively won’t quickly find others satisfying the basic elements of a good BOME bet.
They’re rare.
Belief that all investment success must be simply gambling luck or theft or inheritance from those who had luck or did theft — is a profoundly communist belief.
Truly a core communist belief.
It is the justification for all the communist theft — all their success was from undeserved luck, so us stealing from them equalizes things and makes them fair!
Unfortunately, this belief that all investment success must be pure luck is a belief that has partially infected many who believe themselves to be opposed to the communists.
Ask yourself how sure you are that it’s really true.
Eliminate purely luck-based gambling thinking and go for value-based, elements of a good bet based thinking.
Belief that all investment success must be pure luck is a poisonous belief.
Poisonous in that it prevents you from even trying to find ways to invest better.
Thiel was right.
(1) Earnest leader in his domain with small cult following: #1 artist in his narrow genre, of trendy pixelated pepes — which is why we decided to make his art the foundation of ours, long before the BOME launch. Or alternately, any obviously-earnest thought leader whose been slaving away through the broke times, even if their following is currently tiny.
(2) Sufficient initial capital, ~50%+ to be put into pumping: $1.6M raised in the fair launch before the fair launch closed
(3) Years of work to lose: BOME guy had a lonmg track record of posting for over a year prior, and putting his persona’s reputation on the line
(4) Good market conditions, preferrably: BOME launched right after SOL had a huge surge, MVRV was very high.
Seriously, anyone show me. I’ll cut anyone in on the gains if you’re the first to alert me to one.
You won’t quickly go broke hunting for the next BOME — because you objectively won’t quickly find others satisfying the basic elements of a good BOME bet.
They’re rare.
Belief that all investment success must be simply gambling luck or theft or inheritance from those who had luck or did theft — is a profoundly communist belief.
Truly a core communist belief.
It is the justification for all the communist theft — all their success was from undeserved luck, so us stealing from them equalizes things and makes them fair!
Unfortunately, this belief that all investment success must be pure luck is a belief that has partially infected many who believe themselves to be opposed to the communists.
Ask yourself how sure you are that it’s really true.
Eliminate purely luck-based gambling thinking and go for value-based, elements of a good bet based thinking.
Belief that all investment success must be pure luck is a poisonous belief.
Poisonous in that it prevents you from even trying to find ways to invest better.
Thiel was right.
💯4