DeSci or How TPOT are milking the crypto third time this year.

I was a volunteer and a resident at ZuConnect Istanbul 2023 pop-up city. I really enjoyed the camaraderie of people from a myriad of backgrounds there not excluding AI and DeSci. In fact, I see crypto-economics as a flow where privacy, financial technology, speculative idea markets and science converge in and out. Each nurtures one another. However, during my time there and following Devconnect Istanbul 2023, I came to realization that many of our friends do really not like financial primitives, and the money markets’ potential to transform the world we live in. I wanted to talk about some basic technological aspects thereof, and I know for a reason that a huge number of ingroup OGs did not like it. I was just talking about schelling points, and evolutionary game of life in reality.

Since then, we have gone through a lot starting from the sufficiently decentralized social layer bubble from Autumn 2023 through March 2024. One thing I witnessed during that Farcaster-oriented shitcoinomics called culture as perpetrated by the premature tipping cultures and markets:

• The people who keet protesting the DeFi as we know it during that pop-up city and ETH Global event were now busy transforming these tipping cultures into immediate rugs, or promising projects that cannot take off because of ponzinomics they preferred to my sense of fintech.

Before this, this loose ingroup of TPOT rugged us via the longtermist wet dreams of certain exchange from the Bahamas that caused the entire economy of ours implode for 2 years under the blackest of swanlike uncertainty markets.

• Fast forward to the last month and we have the LLM wrappers making use of the 2013-2016 cultural wars linguistics via the NRx and myriad acc circles’ phantasmagoric naming stardandards. Another rug.
• For the last week or so, they have finally figured it out that they could set up literally unusable front ends call it DeSci. The DeSci I knew from those conventions were much agnostic and foreign to the idea of DeFi, now they can afford the loss of credibility I assume.

This is the third time TPOT is milking the crypto by proxy.