flâneur

The Meaning of Memecoins

rightclicksave.com · 1,559 words · saved by 1 readers

Mannay finds real cultural value in a world full of shitcoins

Let’s set the record straight from the beginning. On one side, you have memecoins — the irreverent offspring of internet culture. On the other side, you have shitcoins — transient, opportunistic, and devoid of soul. To confuse the two is not a semantic error but a cultural dissonance. To call tokens such as $TRUMP and $LIBRA “memecoins” is to mistake shadows for the moon.‍ Just as genes propagate themselves in the gene pool by leaping from body to body via sperms or eggs, so memes propagate themselves in the meme pool by leaping from brain to brain.¹ (Richard Dawkins) From Dawkins’s…

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