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Although I don’t play, I admit that meme coins are of great significance - benchmarking the government in the real world, and realizing the role of wealth redistribution in the crypto: when young people cx a new coin from anybody, and eventually let the old money in the crypto take over, the wealth will be rebalanced from the old to the young. Without such a rebalance, the crypto will become more and more concentrated due to the lack of supervision and macro-control, and eventually become a stagnant pool like any authoritarian government or industry... x.com/i/web/status/18490672740...

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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