Yeah, no, nothing has changed

Memecoins are not "fun" or "community building" - they are merely a tool to transfer wealth from the many to the few, and no one wants to call them out (understandably) for the fear of being mocked as "mid" or "boomer"

Yeah, no, nothing has changed

Memecoins are not "fun" or "community building" - they are merely a tool to transfer wealth from the many to the few, and no one wants to call them out (understandably) for the fear of being mocked as "mid" or "boomer"

https://twitter.com/apolynya/status/1598124343636422658

I can't help but view cryptocurrency speculation, especially with memecoins, as unethical. To win financially, the winner has to leave the loser holding bags.

But as a relative newbie, it's increasingly clear to me that there are other, more ethical ways to make money in this space.