Would tack onto this - remember how much collect volume there was before and after bonsai and how much higher collect prices were able to go with a native currency? It’s easier to spend when you feel rich or like the money was free. You don’t get that with USDC/ETH (unless you’re a trading god) so prices would immediately drop down to Zora levels of $0.25 per mint. The wealth effect is real and it will draw in more collectors

Why does Starbucks have a loyalty program, why do casinos use coins, why do games have currencies, why does Reddit have moons, why does twitch use bits, why does TikTok use yum so good NPC girl emotes, why does Facebook use stars, why does Fortnite use V-Bucks, why does Roblox use Robux, BUT BECAUSE FARCASTER AND DEGEN ARENT DOING TOO HOT YALL ARE WILLING TO THROW OUT DECADES OF DATA OUT THE WINDOW TO ARGUE FOR GHO OR USDC over $BONSAI 🤷♂️