An important point I conveyed earlier is also that people within the social layer of the Monero ecosystem are vulnerable. Most of them hold on to the idea not because of a conscious choice, but because they don't know that this choice EXISTS.
This means that injecting the narrative of memecoins and the promise of profit into a good social environment corrupts good ideas in people's minds. Degradation will occur not only on the outside, but will also begin internally, from well-known people down to simple adherents of the ideology.
I'll be honest, but don't take offense. Guys like Vik understand business concepts and know the tools that can be used effectively. But most of them are also savages, knowing practically nothing about the modern web3 stack and narratives.
As soon as Vik and his like realize that modern tools exist for making money through their audience, they will apply them to you. In simple words, they will use you.
Corruption here began with the promotion of gambling; today we see a warning sign about memecoins, tomorrow it will be referral programs and financial incentives.
These tools, collaborations, are capable of generating high profits. Influencers in Monero are not ready for this, they are wild. Expect a bunch of scams and rug pulls.
A stage of degradation, corruption, and abuse awaits you within the social ecosystem.
But there are things Vik overlooks as a strategist. First, the social layer of Monero and external applications is extremely small. It literally screams, come and build. This means there is room here and a low level of competitive environment.
For extractors, this is a tasty morsel. Strategies of monopolization and exchanging value for colored beads, and later scalping, haven't gone anywhere.
Supporting narratives such as memecoins, pseudo-NFTs, and protocols built on top is a gateway for a new audience, other people with other values. Through this gateway will come guys ten times bigger than Vik or anyone else existing here. Their goal will be to build with the aim of exploiting and substituting concepts.
People like Vik will lose influence if they don't adapt. And adaptation carries with it support for the narrative of profit extraction and profitable collaborations mixed with politics.
What does this mean? The one who realizes this first will take what's theirs right now. The one who doesn't get used to this and doesn't change their ideas will be marginalized in their own home.
Privacy? Why? Let's trade memes. Hodl Monero and privacy by default? Why? Buy a virtual NFT, let's make money?
Integrating a new privacy chain into the wallet? Why? Let's integrate what's popular among airdrop farmers, because fees and advertising mean profit + an influx of a new audience of customers.
You will fuck and humiliate yourselves in front of everyone.
I have no desire to watch this mess and state things that are too obvious to even predict. This is my last post on this topic. I'll come back sometime later to see how it all turned out.