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Memecoins are the point
Cypherpunks wanted to change the world. We ended up with memecoins. Our story begins with some very smart and idealistic developers, known a...
A video from 2015 pans out from an interconnected power plant, grocery store, hospital and airplane before loftily declaring that Ethereum, one of today's largest blockchains, will be"the secure backbone for everything from e-commerce to the internet of things." via Twitter Memecoins don't quite jive with the cypherpunk dream of creating a fairer system, one in which everything, including all of high-finance —and by that I mean banking, payments, insurance, and investments—has migrated over to blockchain nirvana. Memecoins are a great example of this, their presence being prohibited on society's official financial venues including its stock exchanges and commodity markets, as well as its casinos and online betting sites.
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