a lot of memecoin critics don’t realize that the quiet part they’re saying out loud is “I don’t find the utility of making money very useful” which says a lot 

not a good or a bad thing, it is what it is

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

eh, not quite.

there are many ways to make money:  work a job, sell a product, become an OnlyFans creator, invest in stocks, buy real estate and rent it out, win the lottery, inherit it, etc.

just because people criticize one way to make money doesn’t mean they don’t find utility in making money generally.

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

critiquing a way of making money =/= looking down on people who make money that way.

sure, some people may be condescending but let’s be intellectually honest.

since memecoins are often equated to gambling: would you advise someone who actually needs the $$ to go play the slot machines?

of course, but people who actually need money don’t have the luxury of moralizing which ways are better or worse to do that. they just do whatever they can do, provided that it’s accessible.

I don’t look down on people who play the lottery or create content on OF, and likewise for memecoins.