Web3 Realist
tokenboss.bsky.social
Web3 Realist
@tokenboss.bsky.social
Economist. DAO co founder. Web3 realist.

The killer app of web3 is "getting rich quickly"

Bitcoin is a #memecoin, and it's OK!
Reposted by Web3 Realist
If you prefer to read about this, I still highly recommend @stephaniekelton.bsky.social’s “The Deficit Myth” but you can’t beat that documentary for a fast and entertaining primer. /fin

www.goodreads.com/review/show/...
Stephen Sawyer's review of The Deficit Myth
5/5: I’m not an economist, but have had a lifelong interest in the subject. For many, many years I have been puzzled by a seeming disconnect between the “conventional wisdom” learned in business schoo...
www.goodreads.com
November 23, 2024 at 4:30 PM
Did you short btc then?
December 8, 2023 at 1:16 AM
Other stuff you mentioned are not macro or headwinds
December 7, 2023 at 10:55 PM
Geopolitical instability, sure. But #BTC maxis always claim this is when crypto thrives, headgear against political risks etc etc.
December 7, 2023 at 10:55 PM
Interest rates stopped rising. Besides, they are net transfer to the private financial sector, so increase demand for assets.

US is growing at 5%, no recession there. Plus lowest unemployment since ww2 and record corporate profits.
December 7, 2023 at 10:52 PM
A16z operates a wonderful pump and dump as a service business.

All crypto influencers are jealous!
December 7, 2023 at 7:10 PM
What macro headwinds?
December 7, 2023 at 7:06 PM
The catholic church in Poland is way ahead of you. They started selling NFTs last year (this is not a joke unfortunately)
December 3, 2023 at 1:55 PM
The thesis is simple: if you control both the supply and the demand, you control the market.

Fine art connectors have been doing this for years successfully.
December 3, 2023 at 10:16 AM
It's funny for you, so you clearly don't know that Jesus himself is checking the prayers stats daily.

Top 3 issues get a miracle fix.

And I agree all websites need this but and results should all be recorded on a blockchain
December 3, 2023 at 10:01 AM
Previously, wealth in the private sector was transferred from the poor to the rich, with rent, interest and dividends.

In #web3, wealth can be transferred from late adopters to early adopters. (it doesn't mean it is the case every time, but at least this model is available)
December 3, 2023 at 9:53 AM
Any actual use cases and users?
December 3, 2023 at 9:38 AM
Are you aware of any actual use case? I've see a lot of projects "tokenizing commodities" and "fixing supply chain" since 2017, but no actual use cased (besides Walmart POC with Hyperledger...)
December 2, 2023 at 4:50 PM
Or an idea to have a persistent player persona across multiple games
December 2, 2023 at 4:41 PM
Yeah, crypto should be abstracted away from mass audience.

Play to earn is a big mistake IMHO, so I'm glad you're not doing it.

I'm curious if tokenizing in game artifacts makes sense for players. And the ability to port them to other game environments.
December 2, 2023 at 4:40 PM