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Apr 17 31 tweets 11 min read Twitter logo Read on Twitter
While on sabbatical for health reasons, I've been reflecting on $JUNO and why I want to build on it. This is a long one. 🧵
First, I know what #WebAssembly is and I strongly encourage holders to read about it, learn about it, and keep up on its growth and adoption as a hardware and platform-agnostic open standard.
#Rust is a much stricter, secure, and efficient language than something like Solidity, and as #CosmWasm incorporates additional languages, this will only broaden the developer base.
But as interesting as I find the tech, that's secondary to people and culture. I've met a lot of great people in the ~14 months I've been here: @whiskeydev_, @BeholdIdols, @MassvMfg, @poroburu, @glowgator, @gstface3, @bunnyhodl, @illumenaturale, @MORTALLOLOL, @instantjesus
I value and respect these people and I met them through or from Juno - not somewhere else. There are a lot of people who care about this coin.
Everyone knows about Prop 16. That was not the end of Juno and it only becomes the end if literally everyone chooses to let it be. Something only dies when not a single person cares about it any longer.
The quickest way to ruin your life is to believe your life is ruined; the same applies to projects. A friend told me a while back that it doesn't matter too much where you've been, it matters where you're going.
Juno's price went down after March 2022? OK. Crypto declined by over $1.5tn as an asset class from that time to the post-FTX bottom. Juno wasn't alone.
Do you honestly expect a fledgling coin in a smaller ecosystem to defy macroeconomic gravity, especially when many average holders passively cannibalize it by dumping?
(Aside: it is very silly to judge a cryptocurrency's success or failure by its value in fiat currency. This misses the entire point of the asset class.)
I've heard talk that Juno doesn't do anything or that it failed; I hear the same about $NETA. If you are an unengaged holder and you choose not to build, that's on you. A coin is not a failure because its audience decided not to do anything with it when its structure was clear.
These are -your projects-. You, the reader, have a degree of responsibility. If you choose to abdicate it, you forfeit the right to complain. Don't talk about how much you want decentralization and when you get it, do nothing and look for leaders to do the lifting.
You don't expect Vitalik to build every application on $ETH, so what makes Juno so different? Why act like @CoreRootHQ is supposed to do it all? That sounds like you want a central authority.
Projecting a greedy, selfish attitude and giving nothing in return causes builders to give up because they feel like nothing they do is appreciated. Support builders, support creators, give constructive and meaningful feedback (not roasting!), grab a shovel, become involved.
If you don't want to do that, if you only want other people to work (often for free!) so you can dump for USD, go swing trade dog coins. You're making life harder for people who actually want to build.
With projects like Neutron and Archway coming, some are eager to write Juno's epitaph. I don't understand this. There is nothing "broken" about Juno and I'm tired of hearing people act like there is.
Competition is good. Competition is healthy. Just as there can be more than one restaurant in the city, there can be more than one L1 in IBC, each offering a different experience.
Compare Chic-fil-a and Popeye's. Mostly identical menus, but the former generates far more revenue and attention. Much of this is due to business culture.
I worked with a friend on a media website years ago. We ultimately didn't do anything special, but he said something I still remember. "People want to have fun. If they see us having fun, they'll want to join so they can have fun too."
You cannot git clone people, you cannot fork a culture. If you build a welcoming culture of positivity, that can often make up for other limitations or shortcomings and enforces business resiliency.
What does cryptocurrency seek to accomplish? Reducing or eliminating dependence on intermediaries through the use of cryptographic engineering in a financial context.
If you have even the smallest idea of something to build here, to fulfill that above purpose, I want to talk to you. I may not know CosmWasm yet, but I work as a sysadmin and can speak to a range of tech. I want to hear your ideas.
I've posted a few ideas I've started to build and would love to brainstorm with others who find them interesting. I need help and cannot finish them alone.
Some may read this thread and think I'm completely wrong, that I'm big dumb and betting on a losing horse. If I am, what happens? I will have lost some money, yes. But I've already learned a lot and I've connected with many people.
The "friends along the way" meme really isn't a meme. I've had periods of my life where I had lots of United States dollars and effectively no support system, and I've had the inverse. I prefer the latter.
Life isn't about making numbers go up, it's not about being the kid who dies with the most toys in his toybox. You can't take it with you.
In summary, I want to build on Juno because I see enormous growth potential and I've met good, supportive people. It doesn't need to be any more complicated than that. "What is essential is invisible to the eye."
I didn't start as any kind of insider and I've not been involved building elsewhere, I'm just someone who threw his hat in the ring last March. I liked the people and while my involvement may have somewhat started because of money, it became much greater almost immediately.
I might be preaching to a small choir with this, but felt the need to put it out there - I hope some parts of it resonate with others. To anyone who made it through this thread - long and messy as it is - I sincerely thank you for your attention.
I will continue to build with Neta DAO and invite everyone reading this to join in. The other regulars are great people. Let's learn, build, help each other grow, and have fun. /end

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