The Memecoin 'Casino' Undermines Crypto's Long-Term Prospects: A16z

The Chief Technical Officer at one of the biggest and most influential venture capital firms active in the crypto and blockchain space wasn't pulling any punches when he decided to publicly criticize memecoins. "Memecoins alter how the public, regulators, and entrepreneurs see crypto. At best, it looks like a risky casino. source: https://www.benzinga.com/markets/cryptocurrency/24/04/38434250/the-memecoin-casino-undermines-cryptos-long-term-prospects-a16z?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site