Over the past couple of days, I’ve been watching that pile of arguments about whether NFTs’ “secondary royalties” should be paid. Basically, everyone wants smoother liquidity, but creators aren’t just background noise. My cold take is this: if royalties can only be enforced through moral blackmail, then don’t dress them up as system rules. On the other hand, if they truly are rules, then both buyers and sellers should know from the start that they’re stepping into a “ticketed” pool—don’t change your tune at the last moment. When the market is cold, these details get amplified, because profits are thin, and nobody wants to shell out an extra cent.

By the way, hardware wallets are out of stock again, and phishing links are everywhere. It’s in times like these that you can really see that the “creator economy” is, in fact, a safety economy too: if your account gets stolen once, the reputation and royalty expectations you’ve built up are wiped out… Anyway, these days, I distrust any link for three seconds before clicking, even if it’s a hassle.

What I fear missing most isn’t really opportunities—it’s losing my bottom line and my common sense amid all the noise.