JB Rubinovitz pfp
JB Rubinovitz
@rubinovitz
I know this bodes badly for my short term liquidity but I can’t wrap my head around doing a memecoin thing. I only want community coins with real communities producing value outside of speculation.
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jp šŸŽ© pfp
jp šŸŽ©
@jpfraneto.eth
the thing is that memecoins are actually just about communities and the starting point of that may be extremely weird and unsettling
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JB Rubinovitz pfp
JB Rubinovitz
@rubinovitz
I don’t consider pvp memecoins communities. I guess you can argue it’s a community built around ripping each other off? There are some that feel a bit more ā€œlet’s make money togetherā€ but that can quickly change when price goes down and there’s no way to bring it up since the coin has no utility.
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JB Rubinovitz pfp
JB Rubinovitz
@rubinovitz
PvP memecoins are communities in the way MLMs are communities
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jp šŸŽ© pfp
jp šŸŽ©
@jpfraneto.eth
what are MLMs?
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JB Rubinovitz pfp
JB Rubinovitz
@rubinovitz
Multilevel marketing schemes https://en.wikipedia.org/wiki/Multi-level_marketing?wprov=sfti1
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jp šŸŽ© pfp
jp šŸŽ©
@jpfraneto.eth
are memecoins always ā€œPvP memecoinsā€ at the beginning? what makes up that difference?
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