🚀Odaily Planet Daily News! Jupiter co-founder meow recently expressed his views on the X platform, believing that Meme coin is a user-generated currency and is currently the most powerful and fastest mechanism that can keep originally completely random people consistent in economics, finances and ideology. 😺
He pointed out that the lack of practicality and infrastructure of Meme coin is a feature, not a defect. This allows any talented community builder, capital raiser and narrative communicator to start a project without technical accumulation or expertise. 👨💻👩💻
However, this "feature" is also easy to abuse because it can be forged through a series of mechanisms with only people's willingness. In an era when identities become wallet addresses and social media robots, the definition of "people" becomes blurred, and when free money is promised, a large number of real people can be activated. 🤖💰
Despite the abuse, meow emphasized that we cannot confuse abuse with promises-the promises are real. We as an industry must figure out how to fulfill this promise and curb abuse. He said he is confident that we can solve this problem together as long as we focus on participants and communities who are involved in long-term PPP (Participant-Platform-Protocol) and do not deal with people who are involved in PVP (Participant-Value-Protocol) for quick money. 🔍🔐
He predicts that user-generated currencies (UGM) may usher in a new era for the way humans interact, just like user-generated content (UGC). 🌐🚀