Fridso.eth

Retired Polygon Degen Farmer.
Now i buy screenshots of virtual pixels for magical WiFi-money.
V1 Cryptopunk #2970

[Fridso.eth @FridsoEth]

So much wisdom coming from Naval

[Arjun Khemani @arjunkhemani]

.@naval: “The opportunities have never been more equal than now.

@elonmusk and @JeffBezos have the same iPhone you do. They don’t have some better version of an iPhone.

They’re eating food that might be marginally better than yours, but it’s basically the same.

You might even have a better diet than them. You probably have more time to go to the gym than them.

They’re not immortal, and they’re not going to be—most likely, not at this time scale.

So you have more youth than them. You have a lot of advantages over them.

The wealth gaps are actually much smaller than people think.

A lot of that is due to mass production, which comes from specialization, labor, and capitalism.

But it’s very easy to overlook that and agitate—because that gets you higher in the status hierarchy with other monkeys.

It makes you look like you’re fighting for noble causes and gives you status, which is really what people are craving these days.

They’re craving status, not money or wealth.

And status is a zero-sum game.

So it’s kind of an evil game to play because there have to be losers for every winner.

And the only way to win is by crushing somebody else down.”

[Fridso.eth @FridsoEth]

@BlackstarXXI @nolramism @NFT_Relics That one trait pibe punk’s an old friend of mine🤝🏻🤝🏻

[path.eth 🛡️ @Cryptopathic]

Today I sold my V2 punk to purchase more V1s.

It's becoming clear that the V1/V2 punk argument rests solely on the latter group's ability to brand themselves as "real" through their social network.

If the story of the flawed V1 contract were to play out today, duplicating and then airdropping the new collection would be an unacceptable solution. This made all punks 1 of 2s, with V1 punks as the “first editions” of these assets. In all other collectible classes, the earlier editions of something are more sought after. This is also generally true of the scarcer misprint variants of assets - there are far fewer V1s still in circulation.

The solution was accepted at the time of the V1 exploit because there were minimal options with which to view onchain assets - what Larva Labs platformed was what everyone got to interact with. With the introduction of third party marketplaces and the V1 wrapping contract, this ceased to be the case. Very few people in the community back in the day had enough foresight to realise that all LL had done was sweep the originals under the rug.

The narrative that V2s are in some way superior is defended largely by the snobbish type of collector who judges art only by its price, and has an emotional attachment to the status that owning this asset gives them. They see attempts to discuss the onchain truth of the story as an attack on their gated social group and the sunk cost of their investment. This is ignorance of the provenance uniquely available through the blockchain, and an elitist rejection of another community as a way of preserving capital; they are neither ‘crypto’ nor ‘punk’.

Any newcomer to onchain collecting, being exposed to the publicly verifiable and immutable information available surrounding these collections, would judge V1s - at less than 10% the price of the V2s - as the more grounded choice.

There are a handful of common counterarguments. V1s are unable to use their original in-contract marketplace because of the exploit, but this experience has been abstracted into existence. The chains of ownership are different as they fork after the V2 airdrop, meaning they have different social networks, but V1s have a nascent community capturing the more historically minded. V1s do not receive the same IP rights as V2s, although onchain PfP IP has proven to be rarely utilized.

There are 20,000 punks. The V1 punks are the original cryptopunks that were claimed on June 9th, 2017. The later V2 punks have the backing of their creators and are more well known, benefitting disproportionately from this publicity. This is a fascinating case of art undergoing a literal schism - one collection to serve the will of the artist, and the other becoming inseparable from its foundations, the machine it was built to showcase. This machine will outlive us, and with it, the story of how a failure of imagination led to the burying of the truth of its icons.

[Fridso.eth @FridsoEth]

@ItalianCollecto The shift is happening in real time

[✨FrankNFT✨ | 1507.eth @frankNFT_eth]

@CryptoPunksOG NDA

[Fridso.eth @FridsoEth]

@CozomoMedici @rollbit

[Sean Bonner🔥 @seanbonner]

WTF CryptoPunk versions?! After this week's @CozomoMedici V1 poll and @beeple V-Zero joke last night I'm reminded that lots of people still don't know the history. Having written about this specifically many times over the last few years I thought refresher might be helpful. 1/

[Fridso.eth @FridsoEth]

@Elypse_Pink @v1punks @cryptopunks A 53.84E V1Punk sweep brings floor to 3.39. We walking on glass atm

[Naval @naval]

A fit body, a calm mind, a house full of love. These things cannot be bought - they must be earned.

[Fridso.eth @FridsoEth]

@RaoulGMI @XCOPYART Or stop paying overprice for the second punk and instead get the real @CryptoPunksOG

[Fridso.eth @FridsoEth]

10/10

[Watcher.Guru @WatcherGuru]

JUST IN: Coinbase releases new Bitcoin commercial.

[The original CryptoPunks @CryptoPunksOG]

New V1 marketplace launching soon 👀

[Fridso.eth @FridsoEth]

@SoulSurVGC What's your opinion on machamp?

[Fridso.eth @FridsoEth]

@Brockandersn What’s $uperwall?

[Fridso.eth @FridsoEth]

@joeyyochheim As a chemist, i call bullshit

[Fridso.eth @FridsoEth]

@SoulSurVGC What's the logic against switching rocky helmet out?

[Fridso.eth @FridsoEth]

The floor skyrocketed dangerously close to my listing price — I nearly lost my two beloved V1 CryptoPunk babies in a heart-pounding, split-second panic. My hands were shaking as I raced to cancel the listing just in time. It feels like I'm not the only one living on the edge — the floor is thinning fast, like we're walking on glass. V1 CryptoPunks to the Moon... literally and non-literally. Buckle up.

[Navalism @NavalismHQ]

"Stand alone. Carry others."

@naval

[Fridso.eth @FridsoEth]

@CoinbaseWallet @moonmars @base V1 Cryptopunks soon arriving on the moon