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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