Are memecoins good or bad? 

I think they sit somewhere in the triangle between buying pokemon cards and going to the casino and day trading. 

I don't personally don't do much of those things, but I understand the appeal and don't think we need to shame people who do it.

I think meme coins are good. They are a new form social coordination that can be used for good or bad, but having new mediums is good.

OSS + Rust. My goal in life is the ability to stop thinking at will

I think meme coins are underdeveloped, or better, still evolving. They've been used for rugs, by snipers, but also by Degen and Higher (and Bonj) to drive values. Zora is experimenting with art as meme coin. The world isn't black and white. What we should focus on is eliminating bad actors from the equation and support those building positive stuff.