Joe

I’m going to say one more thing about this announcement that has triggered widely divergent reactions. The negative responses are mostly from ETH people, possibly because Pump is on Solana. The shade I’ve seen from ETH people toward Solana recently reminds me of how Bitcoiners used to look down on Ethereum starting from all the way back in 2014. It even reminds me of how in 2015, I would hear TradFi/Wall Street people (and normies generally) calling Bitcoin “criminal money.” It reminds me of how any incumbent anywhere looks down on upstarts. This is human nature. I myself am like this. So here’s my “it’s 11pm and I want to get out a few lines on Pump” take: - yes, a lot of people have lost money on Pump (but maybe it’s good if publications like ours that have been around for almost a decade go on there?) - but also, Pump is the most successful crypto company of this last cycle — if this platform ends up being big, we won’t regret getting on there early and building an audience there - Pump is experimenting wth better ways to compensate creators since everyone agrees that Web2 has been atrocious in paying creators. EXPERIMENTATION IS GOOD. (If you’re into crypto but not into innovation, then let me suggest you may not be in the right industry.) - we’re doing more live-streaming and Pump is a live-streaming platform so it’s a good fit - we have done I think all the other crypto media platforms: Pods, Fountain, Zora, Drakula … BECAUSE WE ARE A CRYPTO MEDIA COMPANY. - do I know everything about how this will go? I do not. In fact, I do not know how well this night’s sleep I’m about to embark on will go. I do not know how well flossing my teeth will go! I literally for the first time in my life last night appear to have hurt my gum from flossing! I’m way too old to be messing up an activity that I’ve been doing for way longer than most of you have been alive! So in short, to end this tweet, I’ll just say: Hyperliquid 🤪