Massive Overton Window shifting events create massive new surface areas for opportunity.

Will be a chaotic, weird and exhausting year.

Buckle up.

I’m not sure memecoins is the shift we want. It was supposed to be crypto reserves and institutional DeFi. Those things can last and be positive-sum.

/bettik founder /outercorps stalwart | ex-binance, ex-celsiusX

The shift is “everything that can be a token will be a token”. 

Memecoins are just the beginning. 

This will force regulatory overhaul in US which is the single biggest thing holding back crypto as an industry right now.

rugpulls don’t help regulatory reform.

BitConnect was not good for the industry. Luna was not good for the industry. Not every popular crypto program ends up positive for the industry.

I agree with you on those points but the President launching an 80% privately owned memecoin does not fit within those categories and it can only turn off more people to crypto when they lose money in it because it has no value-generating capabilities

The difference is it’s going to be a law passed by Congress. And Congress + presidency is controlled by a pro-crypto party. 

So regulators are going be downstream of the change (instead of being in control of it).

This is unprecedented for crypto I. The US.

building /juicebox | product marketing & growth | prev. NounsDAO, RAW DAO | learning to code

no other reason for 80% lockup on a memecoin with no utility than to sell from the vast pool you FOMO convinced a bunch of other people to pour their money into and that you own most access shares to

this logic applies even with a lockup period. the only caveat would be if they add utility to it before substantial lockups expire

how is $trump a rugpull? use specific examples please