Best of x.com/divine_economy on Kiwi News
@divine_economy on X · Most upvoted by Kiwi News readers
6 stories by @divine_economy on X have been shared on Kiwi News since 7 June 2024, with 11 upvotes and 4 comments in total. The latest was shared on 10 March 2026. They are listed below, most upvoted first.
Text under a title is an AI summary of the linked article.
- @divine_economy: Ethereum NYC speaker list has no app-builders
- david phelps on X: "I've worked with ~100 chains; I see the exact same issues."
David Phelps argues that chains are making a mistake by inflating TVL with airdrop farmers to win exchange listings, and that building with real users requires a different approach. He says he has worked with about 100 chains and sees nearly all of them facing the same issues. He contends that bots and farmers are not the end user, since they dump tokens and switch to competitors, and that whales are mercenaries who follow yield. Phelps recommends building through apps and builders, supporting women as a path to mass adoption, developing a differentiated culture, and rewarding valuable contributions rather than rote actions.
- The Fat App Thesis
The author argues that most of the value in crypto today lies in apps rather than the chains they run on, contrary to the "Fat Protocol Thesis" from 2016, which holds that protocols capture more value than apps. Three reasons are given: apps are undervalued relative to a historical infrastructure-then-app cycle, liquidity no longer works as a moat for chains because interoperability and chain abstraction make chains interchangeable, and users, not liquidity, are the lasting moat that lets a few apps win. The author notes that many L2s have reached nine-figure valuations without needing their tokens for transactions, while apps have struggled to raise at all.
- @divine_economy: who are the major leftist philosophers of tech?
- @divine_economy: Why every crypto app should use Para embedded wallets
The author, writing as @divine_economy, argues that every crypto app should use Para embedded wallets, and that builders should wait before committing if they can. The argument is that crypto apps currently serve crypto-native users, who prefer their own wallets, so building for all users first is a mistake. The post contends that Para can be integrated alongside an external wallet kit such as RainbowKit, so an app is not dependent on Para as its wallet kit provider, which would expose it to risks like fee increases. It also says Para supports passkey authentication, which enables smart wallets such as those led by @coinbasewallet, and that smart wallets are preferable where possible.
- Benefits of Working in crypto