> he took the money and refused to stay bribed so the coin tanked.
I don’t think he refuse to stay bribed. I think he did what was asked and they executed a rug pull. He is extraordinarily honest and flippant about it. [0]
> And with that disclaimer out of the way, I must reiterate my sincere regrets to the CT/BAGS crowd, who so generously funded me to the tune of just shy of $300k last week on bags.fm. That money was hard to duck, and the funds are deeply appreciated. They will help Gas Town be a big success this year. But Gas Town itself needs my full attention; between that and Beads it’s a wonder I get anything done at all.
> So I had to step back from the community. I do find it amazing how they band together, dissenting voices rolling around like a big Katamari Damacy ball, and yet they somehow collectively find the discipline to act like financial analysts for institutional investors, weighing developer dossiers, product business cases, and doing critiques like a collective of professionals. All in crypto-bro speak. But it’s the same due diligence.
> But the CT community, like any highly engaged stakeholders, were going to be asking for a lot of my time. There are always strings attached.
[0] https://steve-yegge.medium.com/steveys-birthday-blog-34f4371...