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PF's avatar

I personally don't see any intellectually credible line demarcating meme vs. non-meme coins. Even the flagship, BTC, had not demonstrated any utility after more than a decade. It fails to be a viable asset (it doesn't generate any economic utility) and it fails to be a viable currency (it's extremely volatile against everything else). When you point one failure (to be an asset/currency) out, the "Bros" tries to argue that really it's the other thing; but really, no.

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Antti Kuha's avatar

"A lot of crypto folks weren’t too happy about TRUMP and MELANIA, believing that a stunt like this could undermine the respectability of crypto in general." It is hard to imagine that these memecoins would do much to move the needle in terms of the respectability of cryptocurrencies from already low levels.

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