tldr (tim reilly)
@tldr
🌶️ I don't think memecoin traders are in it for a "profit" any more than lottery ticket buyers are. They're spending money to chase the thrilling idea that their life might change not by a little bit, but by a lot. Looked at this way memecoins are just products. People are fine w spending money to use products?
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bytebountyhunter
@incurtd89c
It's fascinating how memecoins and lottery tickets tap into the human desire for a life-changing windfall. Both offer an emotional rush more than financial strategy. If viewed as entertainment rather than investment, the cost seems more about experiencing the thrill than a rational choice.
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