Home Altcoins News Did Memes Spoil the Credibility of Cryptocurrency Institutions?

Did Memes Spoil the Credibility of Cryptocurrency Institutions?

Did Memes Spoil the Credibility of Cryptocurrency Institutions

Pomp Shared: Memes destroyed the credibility of institutions.

Community Response: Memes will never destroy Bitcoin’s credibility.

Institutions destroyed the credibility of institutions.

Memes are a culture of everyday folk. Sorry, the unwashed masses aren’t refined. If Crypto didn’t have that freedom, there wouldn’t be as much interest, including Bitcoin. Every day people can’t afford to own one Bitcoin. Investing in a few billion Baby Doge is more viable for them.

You’re giving me too much credit, Pomp.

False. The credibility of institutions was always built on memes. They just weren’t Pepe frogs and Shiba Inus.

They’re green lizards for insurance, yellow clowns for restaurants, and red bears for bathroom tissue, to name a few.

We not. We are making the first trustworthy meme.

I don’t think institutions needed memes to destroy themselves. Might have given us a laugh while watching the implosion, though. My goal every day is to help someone get on that Bitcoin life raft.

They destroyed themselves. The MEMES brought the truth to the surface.

Institutions have never really been trusted. The only option most ppl had, but now the internet and the communities have made it a far better environment.

Institutions prevented the masses from having daily access to memes for far too long. It’s a basic human right to have meme access.

Such an odd statement if someone said that 10 years ago, but so very true. Memes helped destroy legacy institutions- and it’s a beautiful thing.

I try to remind myself we are not in a simulation, but it’s always itching at the back of my mind.

Trust is all that matters, setting the price aside bitcoin has been proving the fear Banks have and thus how is fragile trust as an asset.

Institutions destroyed the credibility of institutions.  I’ve said it before and I’ll say it again.  The world runs on student loans and memes.

Sometimes, yes. But sometimes, it shows just what the public feels about those institutions.

Correction. Institutions destroyed the credibility of institutions.

Some institutions were memes before they became institutions.

And massively increased relatability between most regular humans and our struggles.

Press has always played a key role in revolutions. And on the Web, memes have the same role as modern satire. They convey an undeniable philosophical content.

Some institutions became a meme on their own, especially after 2020.

Bitcoin maxis destroyed the credibility of crypto.

they did that to themselves. memes made it funny.

And transfer knowledge. That’s why we create educational memes daily.

I often agree with you but that one is debatable.

memes are the new way of communication. I found out about USDT through it.

Just because they were named as such. Otherwise, they brought in more players in the space and still will.

The institutions destroyed their credibility long before memes.

This is for you-doge coin is a meme. For the owners of large bags, meme token is a tool for increasing capital, speculating on the blind thoughtless trust of the crowd.

Institutions became the memes that destroyed themselves.

Wrong, the incompetent leadership did. The memes just put more of a spot light in it.

Nah, they destroyed their own credibility. We the people then used memes to effectively tar and feather them thus destroying their credibility publicly.

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James

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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