vcs are posting thought pieces about memecoins again do these people ever work?

@tervoooo damn this is gold

@rbthreek still day one

totally forgot to enter this yesterday sigh

@toady_hawk @rbthreek @farcaster_xyz @CoinbaseWallet trump was not a black swan for base lol base was already dead volume wise

@farcaster_xyz i like this new twitter intern

@0xAneri @farcaster_xyz real users prob

not yet, but this berachain short i’m going to enter will put my kids kids through college

@pasternak @cloutdotme 0

@divine_economy @berachain @megaeth_labs can’t wait to short bera

@smolsbobs this is how real companies work, no deal is free they should go the amazon route, just vertically integrate by acquisition of web2 companies and bring them onchain

@meowphasaurus @jessepollak not enough to get my blood going, why i like options / memes + coins

@smolsbobs because you are coinbase and you can get anyone and fund anything and build 1000x better experiences and leverage your name for partnerships with massive web2 companies

@meowphasaurus @jessepollak just not my risk tolerance on a personal level, nothing against defi but i’m only here for risk this market offers

@meowphasaurus @jessepollak what innovation? i’m not into defi so i wouldn’t know

demographic as in, there’s a lack of use cases because current users in crypto want to just gamble all day (me included and i love crypto for it, why i’m here) or be in defi only so many usecases people actually want for gambling trading etc so leads to only a few product categories having staying power if you onboard new people, who aren’t totally focused on getting rich you open up the door for people to build products that are new and not the same recycled thing we see every week

@meowphasaurus @jessepollak yea, lack of distro is real but it’s also a crutch people use when they don’t want to admit no one wants what they built there is no lack of distro for the products that go viral / stay around (hype, pump, polymarket, etc) there’s more a lack of use case due to demo

@meowphasaurus @jessepollak why do they have to use defi? i think this is the issue we need apps that do cool shit and add value without direct finance involved blackbird is the best example on base nyc reservations have become impossible, bird solves issue, everyone wants to be a regular etc

yea but to actually onboard regular people to a new social app is insanely hard so is onboarding people onchain, why solve two hard issues at once? what you’re saying is still appealing to the same demo that sees all these apps anyway people see everything just most things built will never reach pmf cause people don’t want them everyone blames distribution but when was the last truly novel thing you saw built and shipped? something that is actually a value add so people use it without needing airdrop etc? besides hyperliquid