Midcurve comeback:

“…in a world where coins that have more utility aren’t regulated to death  memecoins are less appealing.”

@malekanoms Is your argument that memecoins are so stupid, Gensler cannot regulate them, so they thrive. But if we had a better regulatory climate for less stupid coins, the ultra stupid coins would lose their regulatory advantage?

@BitMEXResearch Memecoins are simple and people like them because their initial distribution is more fair. But they have little benefit or value. My point is that in a world where coins that have more utility aren’t regulated to death memecoins are less appealing.

Omid Malekan 🧙🏽‍♂️

Midcurve comeback:

“…in a world where coins that have more utility aren’t regulated to death  memecoins are less appealing.”

https://x.com/malekanoms/status/1850700658602606891?s=46&t=L_kCXRA-3Dn_ughzu8YoqQ