6-3b4d Community first, monetization later; morality first, money second; missionary over mercenary

6-3b4c Building true communities is the best way to go viral

• Farcaster

• Gaming industries

  • 5-1b1b1a4 Game = Game + Streaming + Virtual Goods

• Politics will be (truly) technical. Technologists will literally rule.develop

  • 2-1a0c1h Small countries (or any community) must be convincing. Presidents and mayors must act like CEOs and turn their communities into startup countries-counties.

• What would be the more realistic scenario?

  • E.g., how did Bryan Johnson’s Don’t Die movement play out?develop
    • Because at the extreme, the community and its monetization can come at the same time if the community is bound with its monetary policy!develop
      • 8-1b3d Monetary policies can come first and the currency circulation can come later (or symbiotically-simultaneously), not vice versa (i.e., bottom-up vs top-down)
        • 6-3b4e Community and monetization can also be realized at the same time

• 7-1a5a Finding some distribution arbitrage in your time and place is also a great source for growth + 3-1a4b2 Price can only convey so much

  • 5-1b4a Amara’s law - we expect too much in the short-run, but too little in the long-run, 3-1d6c Amara’s law modified - we underestimate the importance of consistency in the short-run, but overestimate in the long-run

• Some people can afford to do stuff for free when starting off

  • E.g., 5-1b1b1a5 ‘Come for the tool, stay for the network’ tactic
    • 5-1b1b1a6 Corporate networks can play different games from protocol networks because they have way more sources of funding, but so are you!
      • 9-4e2e1 Startup = Open Source Project = Crypto Protocol = Non-Profit = Individual Tinkering
        • It’s about playing the long game and pay-off in the long-run (obviously not too long)!
          • 2-1b2 Play in different time horizon. That is, in the long-run.

• Free contents (e.g., airdrops) can make sense in the long run with network effectsdevelop

  • 5-1b1b1a1 Things can become easier the more complexity you have (Network effects = Power-law)
    • 9-4f Product is merit and distribution is connection
      • 3-1c1d You must build your own media distribution to avoid distortion for yourself and others