My current feeling about the PFP/membership setup is: there may be long-term value, but most of the time, don’t take it too seriously. It’s more like buying an “attention ticket.” What can truly hold up is what you receive can be reused again and again: trustworthy people in the circle, content that keeps being delivered reliably, offline events that don’t flake out, and most importantly—don’t keep asking you to pull out another payment. To put it plainly, relying only on an avatar and a badge—once the hype fades, it cools down pretty fast.

What I care more about is “how many permissions I have to authorize after joining.” Some membership sites immediately demand unlimited approve, and I get a reflex: try it with a small wallet first, complete the interaction, then revoke the permissions—like locking the door. Otherwise, no matter how strong the brand vibe is, getting phished once is enough to totally wreck your mindset.

Recently, the group has been arguing pretty fiercely about privacy coins/mixing compliance boundaries, which is also quite similar to PFP: on the one hand, people feel it’s freedom; on the other, they worry about crossing the line. Either way, my personal approach is very simple: reduce exposure when you can, but don’t kid yourself into thinking that “wearing an avatar = a protective charm.” First get your wallet security and permission management right, and only then talk about the long term.