listen to me. and listen to me good, friends. this is long but this is how i truly feel about the state of the tench today.
degens that get mad at builders who gave it their shot (whether it be 1 day or 1 year) and decide to take their profit, or just fold,
should just burn their wallet and seal their mouths.
i notice that people like
@derek @alexmasmej and many other fc builders get criticized for pivoting away from their products/coins, but if you can’t handle that risk, instead of criticizing them, just pack your shit and invest in established companies like nvidia and apple who have been battle tested.
i have lost a lot of money or won some while aping into legit builders, some even close friends, projects.
but as someone who has built and folded one too many times, i can tell you this.
the pressure that pulverizes one’s sanity while building something experimental is immense. nobody is forcing anyone to invest. that finger that press “buy” is yours.
please. please do not consider yourself a board member of a public company when you ape $1000 into a meme coin with a product attached to it.
IPOs exist for a reason to graduate nurtured enough ideas into the company’s adulthood where it may still falter but has some level of proven legitimacy with a public facing identity of its owner.
tokenization of entrepreneurship will never materialize til the culture of degenship matures to the next stage. it may never get there due to human nature.
don’t hate the players. hate the game. and the game right now is inherently designed to encourage exploitations.
til the game is refined whether mechanically or culturally, we will never see a long term michael jordan come out of this space.
imagine a UFC game where the fighter loses after giving it their all, yet they are boo’d and beaten post fight.
again, not preaching, i have been to both sides of the game. we are just humans. we feel good when we win and we get mad when we lose.
but do not shit on the players who are covered in dirt. even if they liquidate all their shit before folding, i don’t blame them. i just blame me for believing, then move on.