Main Street vs. Wall Street: The Battle for Farcaster’s Soul

Farcaster faces a choice between becoming an extractive, speculative "onchain Wall Street" or a collaborative "Main Street," and the author argues the community should choose Main Street. The article describes extraction as attention-chasing, low-effort casting, bot replies and allowance farming, and speculation as pressure to constantly show up tied to fan tokens and daily allowances. It recommends that newcomers set realistic expectations, drop the "old playbook," and support neighbors by engaging with their projects and art rather than chasing airdrops.