What is Nostr?
Cyber Seagull
npub1w72…wyhg
2024-06-13 17:12:41

Cyber Seagull on Nostr: I figured it out! Memecoins run on spite! The more "hard" money investors and ...

I figured it out! Memecoins run on spite! The more "hard" money investors and passionate technicians hate on memecoins, the funnier shitcoiners find it.

They should really be called Entertainment coins. They are an inside joke on people who think economics or ideals can change or improve human nature. That a better world is possible.

It's the digital version of adolescent push back against comformity. Flirting with taboo.

I'm expanding on the hidden psychology, not the NGU surface grift. I doubt most participants are aware of this going on in themselves.

Memecoins are an expression of hyper-hyper death will. In the Freudian orgasmic sense.

"You want to save the world with Bitcoin ? I just dropped 1000$ on $CUM coin. I find your anger about this funny."

To test my theory, go into any degen forum or space and declare that you are a Maxi and think what they are doing is disgusting and harmful.

They will giggle with relief as though finally, the main attraction is finally on stage. The entire environment is set up to bait and tease either confused normies who are baffled at the stories of 100x profits, or "True Believers" of any coin.

For them, finding a Bitcoiner willing to argue with them is like finding a diamond. For the lulz.

For many, by the way, this arises from a profound misunderstanding about Bitcoin. This is where a healing can happen if toxic maxi's change their approach.

The underlying sentiment is that they "missed out" on Bitcoin. Especially young people. Besides the intentional scammers of course, the average "investor" in these shitcoins has a profound misunderstanding that the bitcoin ship has sailed.
Bitcoiners have failed to successfully communicate a vision of Bitcoin at any price or fraction, that is for them.


Author Public Key
npub1w72nkwnrhncuwjxmmmh3px74dhjgcv8de5nayzfygrp6mj33e96sumwyhg