Memes Are the Happiest Ponzi Scheme, and No One Wants the Happiness to End

Memes are the fastest Ponzi scheme in the world. Whether you like Dogecoin or Catcoin (or neither), it’s hard to deny.

However, after a few big winners like WIF and PEPE, you might be wondering:

Is the party almost over, or is it just beginning?

The word meme was coined by Richard Dawkins in his 1976 book The Selfish Gene.

It derives from the Greek word “mimema,” which means “imitation.”

Memes have always been an integral part of the blood of cryptocurrency enthusiasts.

They shape the culture of the entire cryptocurrency space.

Fast forward to 2024, and meme coins continue to explode.

For the first time, meme coins have become the most popular category in cryptocurrency.

"For the average person, flying to Macau or Las Vegas is often too expensive. With lots of spare money and high macro risk, decentralized casinos and decentralized Ponzi schemes are always the fastest choice. I am long-term bullish on humans in their desperation, greed, depravity, loneliness, and being trapped in the metaverse."

While many people think that Meme is just a lottery, in fact, the field is more complicated.

Those who are good at spotting cultural trends early may succeed.

While the currency may change, the temptation of getting rich quickly will never go away.

Whether you choose to participate in gambling or not, the casino will always continue to operate.

Even if you don't like Meme, it's good to understand why they succeed.

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