Comment by @kazi- • Hey
Snap question @rickydata.lens, what's your view on memecoin pumps? Is it good or bad for the overall adoption and acceptance of crypto tech. Could the 1b m
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Bad but that's just my opinion. I honestly don't know anything about pepe so I don't even know what it does and the general idea. More-so because whenever someone wins big on these things many people are losing, and I think the whole "community" aspect of it is really just a big pump & dump. And crypto is way too much about this stuff and I don't think that association is good. In the end if people want to make a meme coin and lock up their capital there I don't see a problem with that, I don't really like the arguments people make around taking away from other products (for example saying web3 is bringing too much talent away from other things), I think that's a lot more nuanced actually. But yea not for me 😅 especially when the claims become about tx speed and clearly no research has gone into saying something like that (one that I think is super super under-appreciated is Tezos for example and those people would never mention it or know anything about it)