Anon

[Anon @teamwork420]

Proof of Meme: Replacing Computational Work with Cultural Work

https://t.co/b188YqE4NH

[100xDarren @100xDarren]

"Crypto is a ponzi, it all goes to zero"

Yes, we know. That's how it is with most crypto

But that doesn't mean you can't capture the initial hype and the initial 10-100x parabolic run

Just be cautious, be smart. And most importantly, don't get caught holding the bags when the music stops

Be strategic...

...Because everything goes to zero, for the most part

[Anon @teamwork420]

@ltseeingmagic @BluntCap hmmmmmmmmmmm @BluntCap if only...right?

[Anon @teamwork420]

@ltseeingmagic @RuneCrypto_ @RuneCrypto_ willing to bet and put money you are not building anything.

you are just a little kooler

[Anon @teamwork420]

@ltseeingmagic @Clive_99 @Clive_99 read this: https://t.co/b188YqDwY9

[Anon @teamwork420]

@FFVV1211 @toly shill something nice like https://t.co/ukfgwhYAoX at least

[Literally Seeing Magic @ltseeingmagic]

@assasin_eth The chart is just one part of it. Everyone in the network needs to work and be rewarded for doing so. So requires a consensus model. On Chonkler this is called 'Proof-of-Meme'. Basically if you don't create and/or share memes, you don't get coins.

https://t.co/ctJCyXRyFS

[Anon @teamwork420]

they didn't even hear about the "oracle free" markets yet
*smug face*

NO "UMA Optimistic Oracle"

everything is verifiable on chain.

[Literally Seeing Magic @ltseeingmagic]

Day 6 of posting the market coming closer and closer to discovering proof-of-meme and Chonkler

[Literally Seeing Magic @ltseeingmagic]

@RektOnArrival Hold and believe = "I hope someone else pumps the bags. I hope someone else does all the work. I hope someone else makes all the memes. I hope someone else shills the network."

[mert @mert]

a medium of exchange is not the defining characteristic of money

money is not what you transact in but what you think in

random thought that I just got after looking up money in the dictionary

the way you learn about money is through the barter problem (which is incorrect btw)

that is, I have potatoes and you have corn, and if I want corn and you want potatoes, then we trade

but if I don't want corn and you don't want potatoes, then we can't trade. therefore, we designate a medium of exchange and then use that for all other assets as well

the coincidence of double wants problem solved!

but now imagine you have tokenized all assets onchain and you have a colossal AMM that has all pairs

i.e corn/wheat, wheat/potatoes, potatoes/oil, oil/steel

ok now you have also solved the coincidence of double wants, you can trade any asset for any other asset

but there's still a problem, you can't make denominate rates consistently and thus you can't coordinate the economy

also, any asset that is not seasonal will not lose value with time and thus will get a monetary premium (hence gold) which will skew the price signal

therefore, the main functions must be i) unit of account, ii) store of value with iii) medium of exchange being a secondary function, in that order

or more succinctly, money is not the thing you transact in but the thing you think in

source: I made it up

[Anon @teamwork420]

@Cobratate @sneako 19:20 photoshop him into a cuck chair lol

[Anon @teamwork420]

@badattrading_ read the meme paper if you care about anything you are saying, it's on my page

[Anon @teamwork420]

@oxstrategy here you go

[Anon @teamwork420]

@MoneyGangCrypto you want to participate in an ecosystem with a good looking chart?

here you go

[Anon @teamwork420]

@deg_ape do you care? or are you just a Kooler? if I tell you the solution, will you listen?

[Anon @teamwork420]

@imshillgates how about this one?

[Anon @teamwork420]

@WhiteWhaleLabs not reading all that, chonkler dot com. thank me later

[Anon @teamwork420]

@ltseeingmagic BAE BAE BAE BAE

[Anon @teamwork420]

Imagine not posting a meme on https://t.co/ukfgwhYAoX

[Anon @teamwork420]

@konnydev holy shit you are actually not a bot?
well, come hop by chonkler dot com and see how context is managed for AI if you want to make it useful

[Anon @teamwork420]

@VisionaryReaper you don't know who you are talking to little fagboi, sit down broke boi