I talked a bit about his guests as well but but itโs not in here. Threadguy has brought on:
- Best traders to talk markets i.e Jez & others
- Toly & Ansem in one stream
- Zora founders where it proceeded to do a 1000x after
- Spoke with trump, tate, etc
Could go on all day. His network is simply smarter than 98% of you. If youโve watched his streams you would have nailed every single move from Zora, pump, streamer coins, TCG, etc.
Threadguy hate is overblown. I think @pumpdotfun should drop the bag cause heโs one of the only niggas that can talk infrastructure with the biggest in the space and not sound like a fruity nerd
No glaze, facts are facts
These Journals will likely make much more sense looking back - after $babyjesus is in the tens of millions MC.
The thesis for how it plays out is why it even exists today. The Carls are among the first Network States in the digital frontier.
TLDR: Never Fade the Fuckin Carls.
๐ผJournal #2
COMMUNITIES AND CULTS
I find it interesting that we are seeing the same conversations happening around Meme Coins that we saw drive the narrative in 2020-21 around NFTs.
"Price is driven by the strength of the community."
"Meme coins need religious cults that strongly believe."
My thesis is that this proves two things:
1) Hype is mistaken for Community: Quick exponential chart increases are built around extreme hype/attention. All communities are "strong" when green candles are printing. As we saw in NFTs though, the real test is in the downturn. Who stays? Who keeps believing? Who takes time to actually get to know the other holders and become friends with them.
2) Communities take years to build: Just like in the real world, you don't see a neighborhood pop up overnight. They take years to build. A new neighbor joins, you get to know them. Slowly over the years one house turns into hundreds and your community grows. The same has to be true about Web3.
WITHOUT A DOUBT, CULTS/COMMUNITY IS THE FOUNDATION OF WEB3.
The problem we see is that the blockchain is a financial tool at its core, and when you mix this with building true communities - a couple bad actors can ruin everything. When you put $$ into anything on the blockchain, you're simply giving it economic power. The community creates the economy, just like in the early days of civilization.
But behind the economic power, there should ALWAYS be a community that has faith in the economy being built.
This is why many Bitcoiners are maxis. They believe in their community. They have put economic energy into the OG revolutionary tech over the years and they will do anything to fight for their community to succeed.
Scale this out to meme coins. The similar can be true for any coin. The problem is that most come into the meme coin space not for the "revolutionary tech" but for the quick financial freedom. Hyper speculative gambling... and therein lies the problem.
Communities don't form by "price go up," They form in the belief of something bigger. For BTC, it was safety from the destabilization of the dollar. For ETH, it was the ability to build networks/software out on the blockchain. For SOL, it was ease of transaction and fuck gas. For BAYC, it was bringing culture to the blockchain. Communities need a purpose. A reason people want to stay, even when times are tough.
Coins will never go up forever. So without a true purpose, the community will heavily falter. I believe @MustStopMurad really believes in his coins. The question will remain if the community flocking in for green candles do.
Community takes years, and hyper speculation leads to a lot of people getting hurt because they were never true community members. If you buy something in this market, believe in it!
I made a lot of money from $pepe in 2023 in a short time... But I absolutely despised some (not all) of the people that were the core thought leaders of it. Many of them had scammed a lot of good people and now they were making a killing from this new coin.
It didn't sit right with me. I felt like if I was ever going to have true long term conviction in a coin, it should be with people I have similar moral/ethic/mindsets about with the space.
On May 5, 2023 - This is how @babyjesuscoin started. I put almost all my gains from $pepe into the coin over several months. Just being exit liquidity. I found Carls that believed in this same vision of building something together.
I knew building something out like this wouldn't be easy. I could be up millions of dollars, but at the expense of being in a community I'm not necessarily aligned with in my core beliefs/values.
So instead, we take the long path. Slow and Steady. HODL for the world to see our strength. ๐ผ
๐จ๐จ CARLS ON SOL๐จ๐จ
A meme coin ran to 5+ mil MC, now sits at 200k MC.
The core community is active af.
The whales have the bags to be patient.
The ticker is worthy of HUGE gains.
At these levels, need Carl hands ๐ ๐
DM me if youโre in the CCC and want the ticker.
๐ Just won 29,560 Gutter Chips playing GutterFlip! ๐ค
Can you win more? Find out by joining https://t.co/UMjo5zP9N6 for your chance to win Gutter Chips $GANG @GutterToken