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Brother all I’m saying is if you’re tweeting about social trading APPs and not including fomo it’s clearly disingenuous Also think it’s pretty delusional to think fomo doesn’t have REAL users while using FC as a comparison… you wanna bet which platform has more airdrop farmers/inactive accs? Happy for you and your users, have a nice day

Can confirm it was rented 😂 I moved in after Luke and was getting his mail for a while… dude had horrible opsec never logged off his amazon prime acc either also more like a 2-3M house lol, nice place tho

Points and incentives in general should be treated as a growth mechanism to scale products that already have real retention The idea that incentives help you acquire users isn't wrong, but if you're pouring leads into a leaky funnel that never leads to long term value, you're just permanently destroying your chances of survival long term The thing is, 90% of the companies in our industry give zero fucks about actually creating real value and are just out to play a game of financial engineering to create spectulation vehicles that they can then extract from You can feel however you'd like about it, but it's about time we call a spade a spade and stop pretending that any of these incentives are really there to "bootstrap a network" Going forward, we're going to see less and less of these games, not because they don't work but because they work too well and there's going to be nobody else left to extract from lmao

Luke Belmar claimed 2023 that he owned a $4m house in Puerto Rico. In Reality: It was rented and he tried to scam the landlord. (proof in comments) He's still being sued for $186.000 in unpaid rent. His Merrill Lynch bank accounts got frozen and he's using legal technicalities to avoid paying what he owes. I guess he couldn't afford the $4m lifestyle he flexed. Same as he can't afford the $1m bet with Applebaum. All a lie. Everything fabricated.

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Kalshi getting 3B from trumpu soon Source - @j0hnwang made it up