🚨 Vitalik on #memecoins"

Vitalik recently made a post on his Twitter where he addressed some questions regarding memecoins.

I even found the approach he proposed interesting. I'll leave here the conclusion of his text, which summarizes what he wants to propose.

Vitalik “What else could memecoins be?”

Summary:

One of my personal moral rules is "if there is a class of people or groups you don't like, be willing to praise at least a few of them who do the best job of satisfying your values." If you don't like governments because they violate people's freedoms, perhaps you can find space in your heart to say something nice about the Swiss. If you dislike social media platforms for being extractive and encouraging toxic behavior, but think Reddit is 2x less bad, say good things about Reddit. The opposite approach - shouting "yes, all X's are part of the problem" - is fine in the moment, but it alienates people and pushes them further into their own bubble, where they will isolate themselves entirely from any moral appeals you can make. have in the future.

I think of the "degen" parts of the crypto space in the same way. I have no enthusiasm for coins named after totalitarian political movements, coups, rugpulls, or anything that seems exciting in month N but makes everyone upset in month N+1. At the same time, I value people's desire to have fun, and I'd prefer the crypto space to somehow swim with that current rather than against it. And so I want to see higher quality fun projects that contribute positively to the ecosystem and the world around them (and not just "bringing in users") get more mind share. At the very least, more good memes than bad, ideally ones that support public goods rather than just enriching insiders and creators. But also, ideally, make games instead of coins and make projects that people enjoy participating in.