Although POPCAT, BONK, and MOODENG bring a sense of culture and community that resonates with those in the know, it also has the downside of making our industry appear a bit out of touch. It’s challenging to convince pension funds and family offices to invest in crypto when discussing the merits of meme coins like Fartcoin. While the memecoin trend is entertaining, it should not overshadow the true potential of crypto in revolutionizing financial services for the better. For the 1.4 billion individuals excluded from the traditional financial system, crypto offers a more efficient way to store value, access loans, and build wealth, empowering them to take charge of their financial destinies. Additionally, memecoins represent a unique and innovative form of expression and financial involvement that can foster a sense of community and belonging, which is often lacking in the divisive discourse found on centralized social platforms.
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