investing & writing about consumer tech since 2016. FID #30. hosting /web2web3 

https://www.lisnewsletter.com/

serious question: when the memecoin gets nuked and the price tanks, what happens to people’s sense of entertainment or loneliness or fulfillment?

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

I think it’s good to call memecoins what they are:

A lottery ticket with a community

I think they have huge potential for positive sum building on top of this very powerful core product (see degen!), but it’s probably healthiest and fairest to users to call them what they are

If we consider trading meme tokens in the same way as gambling in a casino, people become exhilarated, and their bodies produce the same levels of adrenaline and endorphins when they win or lose 
all cryptocurrencies are meme tokens even bitcoin.