Post by @violetverse • Hey

The psychology around luxury and luxury memecoins are very similar. If this token or bag wasn’t shrouded in luxury or mystery ( meaning a community of an

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My friend @lens/cmn__ told me something similar some time ago
You familiar with costly signaling theory and mimetic desire theory?
This is where current crypto culture has strayed from the original goals of cryptocurrency. Mass Adoption. Fast, cheap transactions. Replacing banks that pay their clients no interest and gouge them on loans for cars, homes, etc. Ethereum is the worst example of trying to make this a reality. It isn’t fast. Absolutely every action is expensive. And it’s horribly bloated. Mass adoption will never happen with the kind of fees we see from ETH or SOL.