A token must have an economic link to a useful product to be valuable.
What a novel idea. 😆
It's almost as if the crypto space reinvents every law in finance & economics instead of just acknowledging centuries of evolution in capital markets.
So much energy wasted.

Vitalik is diagnosing real symptoms (quality discovery is hard; speculative attention games distort incentives), but he keeps trying to “token engineer” his way out of a problem that tokens themselves created.
The root cause isn’t “we haven’t found the right creator coin x.com/VitalikButerin…

eylon 

Twitter

Bitcoin at Block – the Bitcoin project of Block , the company founded by Twitter co-founder Jack Dorsey – has just announced the launch of a free Bitcoin Faucet, marking the return of the Bitcoin distribution model...

Jack Dorsey announces a $1 million project to give away free Bitcoin.

MicroStrategy founder Michael Saylor asserts that Bitcoin has won the global narrative war, specifically naming BIP- […]
The article, "Michael Saylor Warns BIP-110 is the Biggest Threat to Bitcoin; Four-Year Cycle is Dead, Institutional Capital is the Real Protagonist," was first published on BlockTempo, the most influential blockchain ABMedia media.

Michael Saylor warns that BIP-110 is the biggest threat to Bitcoin; the four-year cycle is dead, and institutional capital is the real protagonist.

Unfortunately, in this era, the more dedicated and dedicated you are to your work, the more likely you are to rapidly distill yourself into a skill that can be replaced by AI.

These past two days, trending topics and media channels have been flooded with "colleague.skill". As this issue continues to ferment on major social media platforms, the public's focus has almost unsurprisingly been swept up by grand anxieties such as "AI layoffs," "capital exploitation," and "digital immortality for the working class."

These are indeed anxiety-inducing, but what worries me most is a line of usage advice in the project's README document:

"The quality of raw materials determines s..."