Yeah, no, nothing has changed

Memecoins are not "fun" or "community building" - they are merely a tool to transfer wealth from the many to the few, and no one wants to call them out (understandably) for the fear of being mocked as "mid" or "boomer"

Yeah, no, nothing has changed

Memecoins are not "fun" or "community building" - they are merely a tool to transfer wealth from the many to the few, and no one wants to call them out (understandably) for the fear of being mocked as "mid" or "boomer"

https://twitter.com/apolynya/status/1598124343636422658

they don't call out because their funding will stop, leads to negative credit on online presence. VCs or people with influence know this and that's why they continue to do this...in '17, '22 and today. This vicious cycle continues....one with good intentions getting tired of fighting this spam could be another reason