As you may have already deduced from the title, this article is about meme coins. And that is the question meme coins yes or meme coins no?
First of all, I will say that personally I am in favor of meme currencies but that is because I am a person very open to innovations. That doesn't mean I'm right, in fact most of the time I'm wrong. But enough about my own opinions.
We all know that meme coins have no value or any specific function other than pure fun. Or at least they have not been created with those intentions. Then with time and their development they can fulfill many functions.
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Supporters of meme coins argue that the fun they can provide is their main virtue or strength is their community of adopters. And the larger the community is, the more value these coins have. I could not agree more.
Meme coins remind me of those works of abstract art that no one understands and that make no sense but that many people like. And it is this community of people that gives them their value that can sometimes be unreal to the rest of the world.
Detractors of meme currencies argue that they have no foundation, plan or usefulness. And they are just a way to raise funds. I also agree with them. But let's be realistic, no one puts a gun to their head to make them buy them. So it depends on each person if he wants to play and speculate.
Also more traditional currencies or even fiat currencies can be worth zero no matter how much business plan or real support they have.
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