Today news
About the same in other media
Andreessen Horowitz CTO Compares Meme Coins to ‘Risky Casinos’ – Here’s What You Need to Know
Reading now: 946
Andreessen Horowitz CTO Eddy Lazzarin likened meme coins to ‘Risky Casinos’ on April 25, arguing that they deterred genuine builders from the crypto ecosystem due to the high risk involved.
Lazzarin posted to X, stating that meme coins hinder the long-term vision of cryptocurrency, which has kept many of the original builders in the space.
Interest in memecoins will come and go, and I'm optimistic that real products/protocols will develop in the end.
But we shouldn't pretend that the casino doesn't set us back. Deterring great founders and giving ammo to politicized regulators has a profound effect. https://t.co/PZNjnSLqfb
— Eddy Lazzarin
Read more on cryptonews.comAbout this in other media
Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation Report – Here’s What You Need To Know cryptonews.com /1 week ago
Cardano Founder Charles Hoskinson Reiterates Core Purpose of Cryptocurrency – Here’s What You Need to Know cryptonews.com /1 week ago
Pelfort (PELF): The New King of Solana Meme Coins is on the Rise! cryptonews.com /1 week ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
