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ted (not lasso)
@ted
hot take: TAM for memecoin trading is quite limited relative to real-world use cases global retail trading market is $5T and highly fragmented vs cross-border payments alone have a market of $156T Pew Research found only 15% of US adults expressed interest in memecoins vs 80% in blockchain for practical use cases
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Toady Hawk
@toadyhawk.eth
I feel like this might be a case of stated versus revealed preference. Nobody wants to say they love memecoins in a poll, but when they do come onchain, it seems that speculative applications of the technology are more often than not the hook.
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Toady Hawk
@toadyhawk.eth
Oops just saw @woj.eth already said this
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