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The 20 richest people in crypto. 1. Changpeng Zhao : $114.6B 2. Giancarlo Devasini : $89.3B 3. Paolo Ardoino : $38B 4. Jean-Louis van der Velde : $38B 5. Stuart Hoegner : $24.7B 6. Brian Armstrong : $9.4B 7. Justin Sun : $8.5B 8. Chris Larsen : $8.4B 9. Pavel Durov : $6.6B 10. Michael Novogratz : $5.6B 11. Michael Saylor : $4.8B 12. Jed McCaleb : $3.9B 13. Tyler Winklevoss : $2.9B 14. Cameron Winklevoss : $2.9B 15. Fred Ehrsam : $2.6B 16. Song Chi-hyung : $2.6B 17. Tim Draper : $2.3B 18. Matthew Roszak : $2.26B 19. Vitalik Buterin : $560M 20. Anatoly Yakovenko : $500M to $1.2B Bookmark for Later 📃
↩ @cass_on_mars Cassie — I find it amusing that you’re upset by our neutrality when you’ve been the biggest beneficiary of it for the past 7 months. I really disliked your approach with the Neynar team. I know you had your own personal beef with them and I feel like some of your actions were motivated by that and didn’t allow for them to even get off the ground. I didn’t care for it. I felt like there was a push to take a side then to. If pushed, Neynar would’ve been our “side.” (and by the way, we were so neutral they thought we were team Cassie while still giving us the opportunity to run CEF and supporting GMFC — we didn’t find that out until the end of CEF.) But I kept all my personal feelings to myself and we continued to share all activity and news about hypersnap. Not sure that will continue (although we did mention your call yesterday). I also find it disingenuous that you never shared the full scope of your proposal with those who were riding so hard for you to take over Farcaster. It was not a real offer. To think that Rish and their investors would pay you to continue the protocol while there were actual cash offers on the table is crazy work. Also — you say Quorum will be there for us while I know there are specific discussions around banning those who voted yes. So which is it? I may not agree with every statement or action that has occurred during the switch to Network School but I’m willing to wait and see. I’m hoping that it may bring back some of the folks from early days who created the environment I fell in love with. It may not. But I’ll allow season 4 to unfold and see how it plays out.
One thing people need to realize is that, unfortunately, decentralized social networks haven't worked yet. That's the truth. Farcaster's interactions dropped by 90% after @dwr sold it, down to fewer than 3,000 posts a day. Lens has never really taken off and has been consistently declining, also hovering around a few thousand interactions a day. I really love these innovations and have always been an early adopter of both, but so far, they've failed. There are, unironically, Telegram groups with more engagement than these platforms. So having someone like @balajis spending time and money trying to make the protocol useful and help it grow is really awesome. Web3 people really love to engage in these philosophical debates about decentralization, but if no one uses it, it doesn't matter whether it's decentralized or not. It's just LARPing. Farcaster was dead, and now it's got another shot. If you're enthusiastic about decentralized social networks, take advantage of this moment. Join NS or another client and use the momentum to your advantage.
People who are really serious about (wet) software - culture -, should make their own social network. @balajis just acquired @farcaster_xyz and set an explicit social contract. Only techno-optimists allowed. A few didn't consent and exited to other clients, without losing thei…
