2021 vibes were the best by far. Permissionless yield. Onboarding millions onto new financial rails. Internet native status goods. People playing Axie to buy rice and make magic internet money. Making friends in guilds and on Discord. People bought things.
The narratives were cool. Yes there was a strong yield element but there always was.
Financial nihilism as a thesis is ok and accurate, but it’s a bit tired. People will opt out. The pokerification of crypto and crypto twitter. Game theory optimized 3 minute token lifecycles, the thanks for playing. I want Thank You for Playing With Me, how about that.
It’s possible to reclaim those vibes again. We just have to invest into the right things, things where the velocity of money ends up back into crypto native goods, services and products.
The retvrn of trust over trustlessness, (the point of trustlessness = you don’t have to trust, not that you can’t trust anyone), the “layer 0 is people” mindset, which is borne of communities that are built, yes, on trust and faith.
Nihilism is action absent of trust and faith. But one must see cathedrals while they lay bricks.
Sonzai