teddit

all-in

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

except then some of the guys proceeded to go “I’m bearish on crypto” and I was like “wait polymarket is crypto” and they were like “no we would say that’s blockchain not crypto”

interesting

after this experience, i reached out 1:1 to a mix of 30 non-crypto people — tech-forward engineers, founders, execs.

85% regarded crypto + blockchain as different. they value blockchain, not crypto. one even said, "when i hear crypto, i immediately think "scam".

and people think memecoins will solve our PR issue?

i've been saying this for a while but personally i don't think crypto needs to be pushed to mainstream / have good PR anymore - i actually think quietly cooking behind the scenes is the best thing right now (with mainstream adoption being that the general public are blissfully unaware they're using crypto / blockchain tech in their day to day through abstraction and privy/dynamic etc.)

memecoins (and any other narrative tbh) serve one purpose in my eyes - it's a trial by fire for early adopters to either get forged in the flames of crypto hell or spat out never to return

idk to me, i see it like this:
crypto is culture, memecoins are a currently trending subculture, blockchain / onchain is SEO terminology

imagining a world where ai reunites humanity
— /whimsio coded

additional:
just like fashion
sometimes you identify with the trend, sometimes u give it a skip but it doesn't mean it's not trending 

cool usually becomes popular 
but popular rarely becomes cool

imo, memecoins have already peaked and will cease to exist in 3 months (possibly a hot take)