I came home to 10 new iphone

My girlfriend thinks like a crypto bro !?

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I came home to 10 new iphone

My girlfriend thinks like a crypto bro !?

N i think i found true love

Breaking down speculation farming with iphone & friend tech??

I came home n saw of 10 brand new iphone boxes on my table

I was like

"Did my asian budget style girlfriend bought me iphone as a gift ?"

As i ran to open one of it.

a flying flip flop hit me in my face

This is not for u! my girl friend shouted.

**she is pretty n elegant in real life unlike this picture

(for my personal safety)

What are u going to do with these phones ?

i thought the days u can flip(resell) iphone on the first day are gone ?

No babe im earning credit card point, even if i lose 10-20usd selling it in a lower price per phone we can still get a free flight for a holiday + more!

🌟Then it hit me.

OMG if my girl friend was in crypto she would be been the friend tech points farmer.

Essentially she worked out a profitable farming strategy which is what we are doing with friend tech, blur, looks

In my girl friend case

essentially she is speculating

Credit card rewards + Iphone secondary price on launch > iphone price on apple

📍Risk n Reward Measurement

When we run these strategies, we need to see what are the "moving parts" and are fixed

Credit card rewards are fixed but iphone's secondary price is not.

My girlfriend's speculation is has the assumption of

Credit card reward > change of iphone price

Her assumption is

A brand new iphone at max takes 5% discount

Her credit card reward is fixed at 9%

There is enough liquidity to sell the iphones

🔴Worest case can't sell the iphone

🟠Bad case u lose a few %

🟢Good case u earn a Credit Card rewards + iphone secondary price go up

Lets look at friend tech essentially people are speculating

reward points (convert to token) + friend tech share price > gas fee + 10% fee in trading + friend tech share price change

This is actually really dangerous because

🔴 token value is not clear

🔴 points to token conversion rate is not clear

🔴 friend tech share price change is not clear

But we are all degenerate gamblers that thinks we are smarter than each other right

Heres why i think Friendtech design is smart

Product is a bit special, with paradigm invested, the speculation is high

narrative on point

points to token conversion is not clear but leaks n assumption on tokenomics were leaked in public to be "good enough"

Heres the best part

Friend tech share is a speculative item that influencers can provide value (private chat)

so essentially users are in the loop of, might win/lose on friend tech share but i still have points that will be token that worth something right..?

But ya this is just a my thoughts n 2cent on Friendtech

personally im enjoying my experience so far, @Alvin0617 's share went to 0.6eth is this the first time i made money in nft related things..? lol

Back to the iphone,

this story is not totally made up n she actually bought a few iphones and exciting for the secondary price of iphone 15

its pretty funny, technically she is waiting for the iphone TGE or IDO price lol

i need to bait her into crypto