This is in response to some of what took place on the most recent episode of CTT.
In this video I discuss how we have people who are creating projects with tokenomics without understanding money. This is a very dangerous situation since this lack of understanding can doom a project.
Of course, this is prevelant in cryptocurrency and one reason why a lot of what we are dealing with is going to be ineffective. If we want to take out the bankers, we best understand money and how bankers think.
▶️ 3Speak
Great session task. You were bang on.
People playing games and not understanding the rules is not new.
You may want to pickup some #pept tokens before they split. !lol
Thanks. It is frustrating to watch people talk about this stuff like they know what they are referring to. They miss some of the most basic concepts.
Posted Using LeoFinance Alpha
True and it explains why you can hide things easily cause more and more people do not see incipient problems. Keep everyone excited about short term gain so they don't notice the longer term flaws.
I am a big believer in using Venn diagrams like a People, Process Technology (PPT) framework when analyzing and evaluating systems and most root cause of issues happen in the People circle.
https://www.smartsheet.com/content/people-process-technology
Before I decided on my framework and strategy for a token to serve my business need for expansion and integration of web2/web3 I evaluated many token releases here on Hive. I continue to track many tokens and I look for alignment or disconnect of perceived token value versus project deliverables. The Hive community is using decentralized technology via a centralized mindset. And most people are followers and need to cuddle up so it is most challenging to influence a mind shift away from ineffective and inefficient processes.
Thanks again for the thought provoking video.
lolztoken.com
I woke every two hours and cried.
Credit: reddit
@taskmaster4450, I sent you an $LOLZ on behalf of @fjworld
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