tldr (tim reilly)
@tldr
🌶️ I don't think memecoin traders are in it for a "profit" any more than lottery ticket buyers are. They're spending money to chase the thrilling idea that their life might change not by a little bit, but by a lot. Looked at this way memecoins are just products. People are fine w spending money to use products?
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WoszczynaWiesnowski.eth
@twobrooklyners
So... basically it's gambling, isn't it?
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tldr (tim reilly)
@tldr
Yes, but also you have more potential control of the game (community spreading the meme) and you do it with other people.
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WoszczynaWiesnowski.eth
@twobrooklyners
Or, it's just an illusion... there are "systems" to playing slot machines too... but in the end it's mostly luck...
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ted (not lasso)
@ted
community spreading the meme is one end of the spectrum, market manipulation is the other end
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