Some memecoins will stay simply because of internet culture, most will crash and burn.
Personally, I don't find them useless and I don't see them "ruining everything". How are we going to expect the masses to be able to use these networks if memecoins are causing them to become unusable? Memecoins are the perfect stress test for these blockchains so everyone can improve the current networks we have.
Topic: "Meme" coins are ruining everything - page 8. (Read 1412 times)
I see "meme" coins are clogging up Blockchains and rendering them useless, as the hype shows no signs of slowing down. Blockchains like ETH, BTC, and even Polygon/MATIC have seen an increase in network fees. Even Coinbase's ETH L2 network (BASE) have been affected by "meme" coins.
This is frustrating, because there are users who want to use crypto for day-to-day payments. Not for speculating or getting rich quick. Developers are going to need to constantly improve on-chain scalability to keep fees as low as possible. That's without undermining decentralization, of course.
What's your opinion on this? Do you think the "meme" coins craze will move the industry away from being a utilitarian one to a speculative one? Will the hype last forever? Do you think crypto will do fine with "meme" coins in the way?
Your input would be greatly appreciated. Thanks in advance.
This is frustrating, because there are users who want to use crypto for day-to-day payments. Not for speculating or getting rich quick. Developers are going to need to constantly improve on-chain scalability to keep fees as low as possible. That's without undermining decentralization, of course.
What's your opinion on this? Do you think the "meme" coins craze will move the industry away from being a utilitarian one to a speculative one? Will the hype last forever? Do you think crypto will do fine with "meme" coins in the way?
Your input would be greatly appreciated. Thanks in advance.
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