Thanks for the link. I did watch it all...
...and I still find the whole thing completely retarded. I have no need, or interest in joining or promoting a cult. I'm not here to be in a tribe or a religion and while I am community focused I am not investing just to be part of a community so I can "belong" somewhere.
Yes, maybe he has a point about alt-coins and the way they have been distributed. But memecoins are not the answer for me.
Yeah, I fully get where you are coming from, and from a fundamental point of view, you are100% right. The question often in crypto though is if you want to be right or if you want to make money. Those for some reason are a completely different thing in this space.
I don't see meme coins as an investment, I see them as a degenerate gamble in the short-mid term that have a certain risk/reward attached to them with insanely good odds. Memes are the new form of casino game with a skill factor attached to them. There will be some big lucky winners, those who get the timing and selections right will also win but the majority in the end will be left crushed as for every winner there will need to be a loser.