matthewb.eth
@matthewb
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
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ted (not lasso)
@ted
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.
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matthewb.eth
@matthewb
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.
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ted (not lasso)
@ted
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?
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matthewb.eth
@matthewb
agreed on the first point, but the vast majority of critics come across as looking down on speculators. maybe not their intent, though. I think FC’s healthy skepticism is a good thing, I just think it could be less moralizing in tone. and no, I wouldn’t, but I also can’t advise them to go become a founder lol.
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