Former Coinbase CTO Balaji Srinivasan rails against Memecoins, calling them a ‘zero-name lottery’.
Former Coinbase CTO Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery” that creates no wealth. Former Coinbase chief technology officer Balaji Srinivasan has criticized memecoins as a “zero-sum lottery,” where users are told to invest only what they can afford to lose. They argue that these coins do not create any wealth, and buyers often lose everything […]
