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Ox Bid
@oxb
Can you tell me WHY a smoothie at Erewhon costs $22.75?! And how did they make it such a popular product that people are willing to wait in line for 20-30 minutes to get one? They are happy to pay for smoothie but not ready to buy memecoins and potentially increase their savings...
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George 📢
@gkas23.eth
I think it is the immediate satisfaction one gets (1) I can post about it on socials and get the likes (dopamine) (2) I can enjoy my smoothie right now which also gives me an emotional boost People who can afford it dont rationally weigh up their options they just get a feeling of "GIVE ME MY SMOOTHIE"
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George 📢
@gkas23.eth
With Memecoins, it's a future investment. I buy and wait to see what happens... It strikes a different emotion.
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Ox Bid
@oxb
It depends. I often buy and sell within a few hours. But I see what you mean
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