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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tldr (tim reilly)
@tldr
cc @proxystudio.eth cont
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ccarella
@ccarella.eth
as a gambler myself, it feels more like sports betting to me in that you are rooting for a team with your friends and it plays out over a season. If I were not doing it with friends, it would be a lot less fun for me.
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Chase Sommer
@chasesommer.eth
certainly a spicy take :D I'd say 100% of memecoin traders are in it for the profit.
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JB Rubinovitz ⌐◨-◨
@rubinovitz
🌶️ this is not new/also the pitch for casinos
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WoszczynaWiesnowski.eth
@twobrooklyners
So... basically it's gambling, isn't it?
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maurelian
@maurelian.eth
I wonder how they would feel about the product they received
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ted (not lasso)
@ted
my hot take is that this is a boring take… feel like this was consensus in March and April when $degen first exploded the most interesting thing about memecoins has been the application of them, the output of which is more innovative than the memecoins themselves
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matthewb.eth
@matthewb
yep, and this product has greater PMF than most (if not all) crypto apps atm.
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Stephan
@stephancill
good take
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Rafaello.base.eth
@rafaello12
Depends on if the meme is worth it tbh
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