From day 1, I intended to build @shoutoutso_ in public, and part of it is to be transparent with numbers, talk openly about our highs and lows, and share lessons as we grow!

I have been doing individual posts on numbers every week so wanted to one big thread with all updates 👇🏽

Week 1:
https://t.co/Vn8D5lUg6v
Week 2:
https://t.co/SO5URPrWcj
Week 3:
https://t.co/DmALz7qIK0
Week 4:
https://t.co/7RFAPJv7Pm
Week 5:
https://t.co/ty9zfbkzXp
Transparency time: @shoutoutso_ is in week 6 🔥

Here are some highlights:
👑 43 rockstar paid customers(7 new)
💰 $710 MRR
💪 602 signups and counting
🏆 Onboarded @aaditsh as part of our Ambassador program

Grateful for this amazing community for all the love and support ♥️

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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.