Recently, there’s been another pile of social mining, points, badges, and all that—making it feel like you’ll miss out on life if you don’t get on board… Basically, it’s using your time and attention to trade for an uncertain “identity.”

Now that I’m seeing people have to sign in every day, repost, and grind through tasks in a row, it almost makes me laugh: if something is truly valuable, why would it need you to clock in every day to prove your loyalty?

On-chain, big transfers of funds, and even just a slight movement in hot and cold wallets at an exchange can get labeled as “smart money”—it has the same vibe as chasing points. It’s all about treating other people’s actions as faith.

Anyway, whenever the market heats up, I reduce my position—and time is the same for me, too: first, keep it for cash flow and sleep. Badges, forget it.