But really, a cycle has begun to arise:
- Tweet battle among some crypto stars heats up
- People start pumping out coins about involving jokes or themes that came up
- People take positions in the new coins, betting on which ones will be anointed by stars
- Stars make their choice, that one prints
If the stars have a high-skill sense of taste for jokes,
It becomes basically a market darwinism by sense for jokes.
And as you may know, ability to judge jokes can be heavily G-loaded.
Fascinating system, if it continues to take off.
Natural feedback loops - those who won based on their taste want to reinvest in more things that are good by their taste.
Weβll see.
- Tweet battle among some crypto stars heats up
- People start pumping out coins about involving jokes or themes that came up
- People take positions in the new coins, betting on which ones will be anointed by stars
- Stars make their choice, that one prints
If the stars have a high-skill sense of taste for jokes,
It becomes basically a market darwinism by sense for jokes.
And as you may know, ability to judge jokes can be heavily G-loaded.
Fascinating system, if it continues to take off.
Natural feedback loops - those who won based on their taste want to reinvest in more things that are good by their taste.
Weβll see.
π₯3