Opinion: There is no way to climb up, which is the cruel truth of why young crypto people flock to MEME
Written by:Jason Choi
Compiled by: Xiaobai Navigation coderworld
I read some of the VC blogs on meme. There are some interesting points there and genuine respect for all the bloggers.
But I personally think that the existence of these articles is exactly why people trade memes. No, memes are not yet a Trojan Horse for culture, and I don’t think they’re even a particularly effective market entry strategy.
I understand the need to describe memes in this way to make partners feel comfortable - I have had partners before. But let's face it, you and I trade memes for one thing: "Fuck it."
Let me explain. This is just the continuation of a larger trend you see in developed countries around the world:The future that was promised to the older generation is no longer available to the young. The dream of my parents’ generation was to have a good, stable job, buy a house, and raise two kids. When I was a college student, the most common dream was to become a billionaire tech founder.
Why?
Partly because everyone has seen The Social Network and completely missed the point of the movie, idolizing Zuckerberg. (The same thing about The Wolf of Wall Street, but that’s another topic)
But it may also be because the median home price has risen by 801%, adjusted for inflation, since 1985, and households are living on more than twice the ratio of their income to their grandparents'.
It may also be that 50% of today's workers earn less than their parents at age 30, whereas in 1940 more than 90% did so.
Or it could be that the world seems richer than ever, yet somehow young people are inheriting less than half as much as they once did.
It may also be because simply working hard and being a good employee no longer provides you with the same opportunities that your parents did.
therefore,If there is no way to improve social class, and the future is just barely making ends meet, why not give it a try and see if you can become the next billionaire entrepreneur who dropped out of school?
then,cryptocurrencyLike a stretch on Trenbolone. Today, nearly two-thirds of young adults think the stock market is a good way to build wealth. But 90% of young people are too broke to invest their money at an average annual rate of return of 7% due to rising living costs.
Therefore, due tocryptocurrencyWith its huge volatility, you hear stories of people getting rich overnight, and it plays out like a game of suspense – if you’re early enough and smart enough, and maybe a little daring, you have a chance to make a good living.
To the outside world, this seemed much more respectable than a casino, and was more stimulating to the intelligence of us clever boys and girls.
You might be saying, “Well, actually… humans have been ‘fast’ since the Dutch tulip bulb merchants of the 1600s.make money'You should read Devil Takes the Hindmost"
But my point is,What was historically driven by greed is now increasingly driven by desperation.Want to get a feel for the vibe? Talk to 20-somethings in Hong Kong, South Korea, the United States, and more.
To live a comfortable life, young people must make life decisions farther and farther along the risk curve.
And they know that much of this is due to financial decisions made by previous generations.
Now, this generation also wants to take the crypto game away from them through regulation.
They cancelled the ICO for your protection, so when the coins finally came to market you had to buy them at 500x the seed price.
They call it "rat poison" and buy it fromcryptocurrencyThey charge generous fees to their customers.
Oh, these customers? Yes, the same cabal – pumping billions into venture capital funds in an attempt to take more and more games private.
This is why people trade memes.
YesXiaobai Navigation, which is greed, is "buying what is not in large excess supply"Token” is a gambling game designed for the ADHD generation whose brains have been corrupted by smartphones while they were growing up.
But it’s also a “fuck it – nothing else works” attitude.
But more than that, it’s a “fuck it” – a pushback against a generation they believe has failed them.
But more than that, it’s a “fuck it” from young people against a generation they feel has failed them — a generation that is now trying to take away the very thing that seemed to offer them a way out, through incomprehensible regulations and increasingly privatized opportunities.
Maybe I'm wrong.
Maybe memes really are the next great market entry strategy for startups.
The article comes from the Internet:Opinion: There is no way to climb up, which is the cruel truth of why young crypto people flock to MEME
In the past 24 hours, many new popular currencies and topics have appeared in the market, and it is very likely that they will be the next opportunity to make money. Written by: Bitget Research Institute Summary Yesterday, the market fell across the board, and Bitcoin once fell below $65,000. The market value of the entire crypto market fell by 3.9% in the past 24 hours. Relatively speaking: The sectors with strong wealth creation effects are: Ethe…
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