People Love To Gamble, This Is Why Memecoins Will Always Be A Success!

Do you recall when the "bullshit token" was released on Hive? I believe some people bought into it despite a freaking clear instruction not to buy it that it has no value or plans to be anything worth a penny.

Or what about the FART token ? I believe @trumpman can say a thing or two about this one, I mean, as shrek would say "Better out than in" so let the FART out, release the damn token, gosh, this is even free marketing right here. The point is, people will always throw money at things because there's life and there's money to spend, it's really just boring not doing it, there's no fun in winning all the time, the fun comes when you've tasted defeat, that's when winning is exciting.

Memecoins will keep controlling billions of dollars in marketcaps

Do you know what a "Ponzi Scheme" is? Almost everyone that has a digital device and has had a couple of digital investments knows what a Ponzi scheme is. For those who don't, it's basically a not so highly engineered scam(it used to be) where an investment is proposed to the public with promises of crazily high returns. In the first few days or months of operations, returns will be paid quite alright to the early birds because influx of more users will cover the cost, so really, the scammers are just leveraging new user funds to pay old users, then at some point, boom, you log onto their site and there's a DNS error, cannot connect to the server? Where did it go? The scammers go away with the newer users' money, often with a profit of course.

So maybe a 20-30% interest could be obtained from scams like this(to the scammers of course). It used to be freaking difficult to guess the end game but these days, it's not difficult at all to see the scheme written all over the pages, but you know what happens regardless? people throw in money and even refer their family members to join, physcos? Nah, in crypto we call them "Degen traders", in the real world "Typical Gamblers", even ready to bet their old lady's bush on the scheme farm, it's fuckin incredibile.

So tell me something, if humans can easily tell that something is a scam and yet throw money in, why wouldn't they keep pouring money into a shitcoin regardless of knowing they can get rekt pretty quickly? Why is futures trading even a thing? That's like the easiest way to get fucked, you're trading futures and crypto happens to be the underlying asset? Man, that's some next level guts, an asset that swings between 15-30% in either direction within seconds, oh boy.

Shitcoins will never be dead, yes, some of the old ones may get boring, but they will never be dead and just as the government can't even stop traditional ponzi schemes, they won't be able to stop shitcoins, they are not even trying, can't you see ? Instead of going after the shitloads of coins in the market, they are hunting reputable projects, why? It's a waste of a time, the projects with utilities have a reputation, the shitcoins don't and frankly don't care, some even told you not to buy any, talk about reverse financial advice.

One of the things that will forever exist within this space will be memecoins, and their trading volumes may currently just be a fraction of what it will be in future, the wave is coming stronger, this isn't even its best yet, BRC-20 tokens may be shitcoins 2.0, Shitcoins 3.0 is still in the works.