“Memecoins will die very soon, just like NFTs did”
Meanwhile, NFTs vs Memecoins^^
(A decent long-term index of memecoins doesn’t exist, but dogecoin alone is a good enough proxy.)
Memecoin category still going strong, still reaching new highs, for going on 10 years.
NFTs category boomed and collapsed back to zero all within 1 year.
Memecoin category will collapse right away just like NFTs did?
Bro, memecoins have already outlived NFTs by 10x, with no end in sight.
Economically, NFTs were always a garbage substite for memecoins, giving up the valuable fungibility property, existing purely because people assumed anything but NFTs to be illegal. Turns out that wasn’t the case.
That said, pumpfun coins remain garbage, because memecoins are not really about the meme, they’re about the people, the value of communities organized around a valuable cause.
What about intrinsic value?
What about you don’t use unfalsiable commie bs that you have no idea the meaning of because it has no real meaning.
Memecoins, i.e. community coins, are something that has always existed in some form, and always will.
NFTs, a junk solution to temporary perceived legality problems that turned out to not really exist.
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Meanwhile, NFTs vs Memecoins^^
(A decent long-term index of memecoins doesn’t exist, but dogecoin alone is a good enough proxy.)
Memecoin category still going strong, still reaching new highs, for going on 10 years.
NFTs category boomed and collapsed back to zero all within 1 year.
Memecoin category will collapse right away just like NFTs did?
Bro, memecoins have already outlived NFTs by 10x, with no end in sight.
Economically, NFTs were always a garbage substite for memecoins, giving up the valuable fungibility property, existing purely because people assumed anything but NFTs to be illegal. Turns out that wasn’t the case.
That said, pumpfun coins remain garbage, because memecoins are not really about the meme, they’re about the people, the value of communities organized around a valuable cause.
What about intrinsic value?
What about you don’t use unfalsiable commie bs that you have no idea the meaning of because it has no real meaning.
Memecoins, i.e. community coins, are something that has always existed in some form, and always will.
NFTs, a junk solution to temporary perceived legality problems that turned out to not really exist.
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
💯4
Because no reliable automatic safety verifiably for coins, unlike Solana
Simple as that, but everyone pretends not to understand this
Ethereum has endless fancy excuses, like Rice's theorem, but the people are done with hearing the excuses
(Ultimate path forward will be neither the Ethereum way nor Solana way, but the Solana way provides a temporary solution for now)
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Simple as that, but everyone pretends not to understand this
Ethereum has endless fancy excuses, like Rice's theorem, but the people are done with hearing the excuses
(Ultimate path forward will be neither the Ethereum way nor Solana way, but the Solana way provides a temporary solution for now)
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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