head of strategy at solana
 foundation | oss enjoyer | host of validatedpod | be kind | federa.sol

I just recorded a podcast with @federa that gave my real opinions on memecoins as a sort of PvP ranking algorithm that relies on creating and destroying financial assets in response to events — I am curious what @toly will think of it 😅

ヽ(⌐■_■)ノ♪♬ @ @gauntlet/🤖Ventures/tldr/Aera \\ ¯\_(ツ)_/¯ Struggling with the nature of randomness \\ main: @gaa \\ /red-bull /defi-research maxi

Memecoins are just unbounded prediction markets.

There I solved it.