Coinbase CEO Brian Armstrong says the Mimwinds is the Canary in the coal mine, and they warn a wider direction in the distinctive symbol of culture.
In a new interview with CNBC, Armstrong says it is expected to eventually lead memecoins to the code of identities, sounds and art.
“Mymecoins in the broader sense, I think we must find a way for artists to get their salaries. Anyone should be able to put artwork and get money for that. I think Memecoins is Canary in the Charal Mine, that more and more the world will get a code It is characterized by the series.
Each category of assets, every vote, every identity, every song, every post on Instagram, whatever – in the future I think more and more of these things will be symbolized. Now, we also need to make sure that people are following the law and not making pump plans, unloading or trading from within, and there may be little in the Memecoin space that does not help anyone.
In every encryption cycle, there seem to be people who are rushing and forget these lessons from the past, but it is clear that trading from the inside must be tried and people should avoid doing this unless they want to go to prison. “
However, Armstrong admits that the modern differences surrounding memecoins – including the promotion of the Argentine balance Javier Milei – was not a great look at this industry. But he says there is still a positive essential path forward for digital assets.
“I think we are in the early stages of this industry, so it is a slightly wild West with Memecoins now. There is good that comes with what is happening a lot of innovation.
There is also some bad occurrence from what I understood, it seems that President Millie has accidentally participated in this information without understanding what he was sharing exactly if you believed in his comments.
I hope this is cleaned and that people are still thinking in the long run about how we will create a real value for billions of people in the world who need an updated financial system. “
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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