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When a pure degen turns into a Founder to make a movement.
🔥Living on the Internet (LOTI) V1🔥
Medium article:
link.medium.com/z5SFceYvkwb
There was a time when I'd wake up every single day genuinely excited to turn on my PC and jump into the trenches.
Not even because I was looking to make money. I just wanted to see what was new, what people were talking about, what kind of crazy shit was happening on the internet that could turn into the next big thing.
That was always the beauty of this market to me. You never knew what the next day would bring or what door might open. Some random meme, some ridiculous narrative, some guy with $500 and a dream. Anything was possible.
People have asked me for years why I'm still here after everything I've made and experienced in crypto. The answer was always pretty simple. I genuinely fucking loved it.
I've been retired for years, just chilling, and this was my hobby. Some people wake up and play golf. I wake up and stare at four monitors watching internet money and a bunch of degens gamble on pictures of animals. And somehow, I loved every second of it.
But recently, for the first time in a very long time, I've noticed that feeling slowly disappearing.
The trenches just don't feel the same anymore.
The people controlling so much of the supply and attention in this market have completely changed the game. We're dealing with a generation of traders who have the attention span of a goldfish. Nobody wants to build anything, nobody wants to hold anything, and everybody wants to be the first one out the door.
What used to make this market so fucking special was watching some random dude turn $500 or $1,000 into six or seven figures. That was the ultimate flex. Not because he was already rich, but because he saw something nobody else saw, had the balls to take the risk, and actually held through the madness.
Those were the stories that made people fall in love with crypto.
Now?
The biggest flex is apparently throwing $100K, $200K, or even more into a memecoin and posting a screenshot.
I'll see videos and entire write-ups about some trader who supposedly turned his bankroll into millions. Then you actually look at the wallets and realize the dude threw $200K into a coin, caught a 5x, and everyone is acting like they just witnessed the second coming of Warren Buffett.
Don't get me wrong, making money is making money. Good for him.
But when the size of your bankroll becomes more impressive to people than the actual trade, you start to realize how much the culture has changed.
We went from celebrating conviction, creativity, and finding things before the rest of the world to celebrating whoever can throw the biggest bag at something and get the most attention for it.
And the worst part is that the game has been figured out by the people who know how to exploit it.
Bundles, supply control, coordinated attention, instant rotations. Half the time you're not even trading the meme anymore. You're gambling on whether the handful of wallets controlling the supply are going to let you make money before they decide it's time to move on.
It's not even about being early to a good narrative anymore. Sometimes being early just means you're providing exit liquidity to someone who was there before you.
I sit at my computer sometimes and genuinely wonder how we ever get back to the good old days.
And the more I think about it, the more I realize we probably don't.
Not because crypto is dead. Not because there won't be another massive cycle or another coin that does something nobody thought was possible.
But because markets evolve, and not everything that made the early days special survives that evolution.
More participants, more competition, more saturation, thinner margins, and an entire generation of people who have figured out how to monetize every last second of attention.
I don't even know if there's anyone to blame. Maybe this is just what happens when something that started as a completely ridiculous corner of the internet becomes an industry.
And maybe part of it is me getting older.
I've been doing this shit since 2011. I've watched entire ecosystems come and go, watched people make fortunes overnight, watched people lose everything, and watched some of the most ridiculous things imaginable become worth billions of dollars.
I've made lifelong friends, experienced things I never thought I'd experience, and have more stories from this market than I could probably tell in a lifetime.
I wouldn't trade those experiences for anything.
But I also don't want to become that guy who sits around every day chasing a feeling that doesn't exist anymore.
For the first time in years, the thought of waking up and NOT turning on my monitors sounds kind of nice.
Maybe it's getting close to that time for a new chapter.
Might just buy an RV, disappear into the mountains, travel the world again, and go fuck off for a while.
Who knows.
It's just a strange feeling when something you've genuinely loved doing every single day for over a decade slowly starts feeling like something you don't recognize anymore.
I don't think I ever got addicted to trading.
I think I got addicted to the feeling that anything could happen tomorrow.
And that's the part of crypto I miss the most.
Every now and then I'll meet someone new, and somehow crypto ends up coming into the conversation. Maybe I just look like a cryptobro, who knows. But whenever someone asks me what coin I actually believe in, there's only one I ever tell them about. solana:eL5fUxj2J4CiQsmW85k5FG9DvuQjjUoBHoQBi2Kpump.
There's something about solana:eL5fUxj2J4CiQsmW85k5FG9DvuQjjUoBHoQBi2Kpump that reminds me so much of the early DOGE days. Not because of the chart or some crazy price prediction, but because it reminds me of what memecoins were originally supposed to be about.
Look, I get it. The majority of people here are in it for the money. But there's a massive difference between a community that forms overnight because a chart is going up and a real fucking community that's been through the highs, the lows, the boredom, and still keeps showing up.
And that's something I think a lot of people in crypto have completely forgotten.
Go ahead and clown me. Mock me all you want. But after all these years in crypto, there's something about solana:eL5fUxj2J4CiQsmW85k5FG9DvuQjjUoBHoQBi2Kpump that I just can't shake. I genuinely believe this is one of those rare multi-year runners that people will remember long after this cycle is over.
Not just because of how high the chart went, but because of the people, the memes, the friendships, and everything that happened along the way.
I want people to look back at solana:eL5fUxj2J4CiQsmW85k5FG9DvuQjjUoBHoQBi2Kpump years from now, smile, and say, "Holy shit, that was one hell of a ride."
Because to me, that's what a real memecoin was always supposed to be about.
I think one of the rarest skill sets in the trenches is being able to think outside the box. To look at a meme, an event, or something getting attention and see just how viral it could become before the chart even catches up.
The biggest problem today is that you can be completely right about the meme and still lose.
If you're not holding the bundle yourself, you're essentially gambling on whether the person controlling that supply has more conviction and patience than you do.
Bundling has become so accessible that half the people using these systems probably shouldn't even have them. They're not thinking about how big something could become. They're thinking about how quickly they can flip it and move on to the next one.
So now you're not just gambling on the meme, the narrative, or its potential virality. You're gambling on the mindset of whoever controls a significant portion of the supply, and sometimes that person isn't even the dev who launched the coin.
That's what I think people are overlooking. There are so many different variables now that have absolutely nothing to do with whether a meme is actually good.
You can spot something before everyone else, understand the attention behind it, be completely right about where it could go, and still get wiped out because someone with more supply than you has a completely different time horizon.
We're getting to a point where reading the meme is easier than reading the people holding it.
And that's what makes trading these so called "memecoins" harder than ever.
Lets get back to good narratives
A bear made an unexpected visit to the Mammoth Lakes library in California before it opened to the public Wednesday.
The Mono County Office of Education joked that the furry visitor might have been searching for a copy of "Winnie-the-Pooh" on the 100th anniversary of the book's publication. The bear left on its own before library staff arrived.
Check out the new official plugin I created for Hermes Agent that includes the REA MCP + a Skill for how to use it way more effectively!
hermes-agent.nousresearch.co…
How the fuck did we go from red laser-eyed chads eating rare steaks for dinner, shilling tickers down your throat with so much conviction that entire brotherhoods were formed around a single coin?
Back then you had guys writing insane theses, putting their money where their mouth was, and riding their bags through hell because they actually believed in something. The stronger the shill, the stronger the flex.
Now look at the fucking state of crypto.
Pump.fun and FomoApp KOLs flexing PNL screenshots, rented lifestyles, referral links, and pretending they're some kind of celebrities.
Half these guys act like they got bullied their entire lives and finally discovered a place where they can buy the attention they never got in high school.
It's not even about crypto anymore. It's a bunch of grown men competing in a popularity contest, desperate for strangers on the internet to tell them how successful and important they are.
Nobody has conviction. Nobody stands for shit. Everyone wants to be a KOL, everyone wants to be paid to shill, and everyone wants to dump on the same people who made them relevant.
We went from a bunch of degenerate chads trying to change the financial system to a bunch of insecure attention whores fighting over who gets the most engagement on a fucking app.
Satoshi Nakamoto is rolling in his grave right now.
If this technology lives up to its potential, the entire closed-source software industry is in for a serious wake up call.
We're entering a different era.
Game is game I get it but you have to be a fucking scum bag and then brag how much money you make. I sware the people that are in this industry, its the reason why retail thinks crypto is so disgusting.
1/ Meet @0xEthan
He runs an extraction scheme on pumpfun
buy → callout → sell from side wallets
49 tokens. $125k in profits.
Seems like the market really wants to send a cat as the next PFP meme template on X.
This cat has been speaking to me for the past couple of days. Maybe im onto something.
Regards, The cat is cute
Babem
Jay🍌 retweeted
Legend has it @BasementRon is still in the basement almost 1.9+ years later.
Still tweeting.
Still bullish.
Still hasn’t changed the vision.
Most people won’t understand it until $UFD is worth multiple billions.
Then they’ll call it obvious.
Legend has it @BasementRon is still in the basement almost 1.9+ years later.
Still tweeting.
Still bullish.
Still hasn’t changed the vision.
Most people won’t understand it until $UFD is worth multiple billions.
Then they’ll call it obvious.
Jay🍌 retweeted
POV: You finally understand why everyone keeps saying “in dust we trust.”
$UFD
The odds on Net meeting a insane token price is very high with there insane treasury. Got to get low for the VC’s to blast prob the last time you see it this low
Shareholders,
NetNet opened on July 17 with $0, and 77 days later the treasury holds $26.8M.
The RW-PLAY games have taken in more than $1.9M across 137,000 plays along the way.
In the last two weeks, our treasury has added $6.9M.
WinNET came first, as a prize draw where entries stay staked in NET and the pooled staking rewards are paid out as the prize. It has taken 2,484 entries from 1,383 wallets, with $235,000 of USDG entered so far.
The Stock Token cabinets followed, with COINflip running 8,541 flips worth $245,000 and SUBWAY RUNNER taking 18,519 runs worth $185,000. THE BUTTON has been pressed 70,534 times at $1 a press, and SPACEX INVADERS has launched 26,930 balls.
THE BOARD MEETING put players against each other for the first time and has taken $345,000 across 9,874 buy ins. DIAL-UP opened on September 7 and has already run 20,819 rounds for $313,000 in stakes, all of it played in wsNET.
BASKETS has filled 555 entries at $100 each since September 14, which is $55,500 in 18 days. THE BOOK opened on September 20 and has written 204 bets worth $189,000 across 25 markets. Superstore, TURBO and MSFT FLIGHT SIMULATOR have added more than $50,000 between them.
Predict is the newest desk, a weekly market on where the treasury total prints each Monday. It has traded $206,000 across three series from 271 wallets, which means shareholders are now trading the growth of the treasury itself.
That is fourteen desks shipped in 77 days, nearly $1.9M played through them, and a treasury that went from $50,000 to $26.8M over the same stretch. Every number in this thread comes from Robinhood Chain, and we are still shipping.
So whats next?
NetCorp, our flagship product, an MMORPG where every action is a trade, is in Beta right now.
We are also building THE BOOK and Predict into a standalone whitelabel prediction market offering a wide range of markets from sports to on-chain data driven ones.
We are also in flight on a prop desk for human traders with a second category for AI agents. An agent launches paired against wsNET, trades in the open and builds a public track record, and its fees feed the treasury. Proven agents can earn credit lines and a weekly prize pot. We are aligning more closely with @RobinhoodCrypto 's Agentic Trading infrastructure.
Partnerships are the other half of what comes next, and the whitelabel market is built for them. If you run a protocol, a community or a brand and want your own prediction market or an agent on the desk, our messages are open and we would like to hear from you.
More Soon.




















