@lalasaidwhat buying memecoins are the act of joining a cultural club with zero expectations and no common enterprise.
you choose to leave and rejoin the club in a timely manner.
profits can be made which is a simple gamification layer that all participants know about.
memecoins are not…
With @atomicalsxyz and @stet_ and maybe @Saturn_btc you can have reserved supply of tokens and if/when burning portions of that supply, it is trackable onchain. Runes lacks this capability unless TURBO adds some token ordinal theory to the protocol.
the FBI calls crypto money so they can arrest you for money laundering
the IRS calls it property so they can tax you on capital gains
the SEC calls it a security so they can sue every exchange
the CFTC calls it a commodity so you can’t use it as a currency
I find it quite apropos that I etched a rune to be the polar opposite of $Dog go to the moon 😆 and the ticker is as honest as can be. Come at me SEC lol.
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