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Stupid MEME Coins or A REVOLUTION?

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@automaton
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What we are witnessing right now in the MEME coin market is beyond belief. MEME coins or what I like to call inflationary coins and tokens are on an absolute tear. Some are rising thousands of percent and causing major FOMO amongst people around the world.

Many are based on hype or tweets by our fellow shib @TESLA. Either way some heavy action has been ongoing and this momentum is showing no signs of slowing. In fact I’ve been actively messing around on binance lately. I’ve found a few of these coins that are dirt cheap.

We are talking about buying millions of these tokens for practically nothing. So basically it doesn’t take much capital to get started. Frankly, I believe this is one of the reasons that the hype will soon turn to FOMO. I mean everyone has $10 or $20 bucks available.

Not everyone has the capital to put into bitcoin. Maybe a little for a few Sats but that is about it. So why not roll the dice because the rules no longer apply. And this is the fundamental reason why it will probably work.
Nothing makes sense in crypto. And that is the way it should be. It’s why many pro money managers don’t understand it. They live in a world with constraints and rules.

Blockchain has no rules but that doesn’t make it the Wild West. Decentralization doesn’t mean out of control. Rather, the agreement for the people is in the code. If you don’t like the agreement then use a different chain. Very simple.

So if this a revolution of the monetary system then let it be. And why not make it fun and all inclusive? Many people in the crypto sphere have a unit bias. It is more fun to own billions of something as opposed to 0.0009 of something.

Again, this comes from the conditioning of the debt based monetary system. It’s also born out of society’s obsession with the billionaire class. In crypto we can all become billionaires. But of course the legacy controllers would not like this.

Their argument would be that those shit coins don’t have the $ purchasing power. Or those projects may amount to nothing. Well what if those pieces of digital shit end up with purchasing power? And to top it off the projects in play actually amount to something?

Well it could happen because it is happening right now. And it could disrupt the entire fabric of the debt based system. Bitcoin is the proverbial canary in the coal mine. The MEME coins are the spark that lights the whole thing up.

Now don’t get me wrong some of these projects may not amount to anything. But it is a trend that is only going to accelerate as bitcoin becomes stronger. What would you expect coming from an abundant system like blockchain.

Buyer beware as always. Like I have said previously some of these coins will hit. While others may go to zero. Don’t use funds you can’t afford to lose.

However, understand the bigger trends at play in the market. Once you understand the trends crypto begins to make a little sense. And things can truly become fun.

Many of these coins will serve a greater purpose in the coming years. Some will allow smaller players to increase their stake in crypto. While others will fund various virtual worlds and play2earn game networks. As players earn value they will eventually trade into bitcoin or eth.

Everything has a purpose on this planet including these coins. It would be illogical to write them off because they don’t fit into the legacy system rules. However, be advised that humanity wants abundance. And the abundance will come from what most don’t expect.

Posted Using LeoFinance Beta