Does Zhao Changpeng really dislike meme coins for the sake of the industry? Why is it said that war is a catalyst for technological advancement?

Web3 practitioners
2024-11-29 11:16:43
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Is meme really a cancer in the industry?

The debate between meme coins (emotional) and altcoins (application) is one where neither side can convince the other. The argument that meme culture is useless and harmful to blockchain seems to have become a moral norm and a bloody reality. However, every meme warrior engaged in PVP on the chain, after licking their wounds, shouts "Rallying is justice." They firmly believe that memes can bring about a leap in fate and class. Isn't value consensus and the spirit of the blockchain another form of meme? Which is more valuable?

BNB's father, Binance President Zhao Changpeng, recently tweeted: "I do not oppose meme coins, but meme coins have become 'a bit' strange now. Let's use blockchain technology to build actual applications." Some community users pointed out that even Musk is a supporter of meme coins, making it very difficult to end this frenzy. In response, Zhao Changpeng stated: "I am not trying to end anything; everyone has the right to choose what to invest in or hold. I just encourage more builders."

As the leader of Binance, which accounts for more than half of the crypto trading volume and prides itself on asset security, why would he give a "conclusive" reply on this topic? He claims that everyone has trading freedom but feels that it is not good. Memes have not brought positive energy to the blockchain industry and are more harmful than beneficial. We certainly acknowledge CZ Zhao's outstanding contributions to the innovation and progress of the blockchain industry and his tireless efforts for future development. After all, he has experienced both compliance and non-compliance and knows which direction regulation should take. However, if we think darkly, Binance is facing slow incremental growth and internal consumption of existing resources, while the neighboring Pump.fun's gambling table is flowing with cash, which is then pumped up to Binance for high-level cashing out. Binance bears the risk of decline and becomes the secondary market for cashing out. The previously effective strategies no longer work; the rule-makers have changed. After considering the immediate and long-term concerns, do you think he would still have a favorable view of the meme game?

On Pumpfun, nearly 50,000 tokens are created daily, and occasionally, billion-dollar tokens emerge. Those projects and industrial chains that have existed in the crypto space for a long time are completely bewildered. If this trend continues unchecked, it may lead to sleepless nights.

Talking only about technology is an empty ideal; strength that has not been tempered by war is superficial.

Meme is the people's war. War is always exceptionally brutal, but we cannot determine whether a war is just or evil based solely on its bloodshed; we can only say that there is no war that is purely evil, only those who initiate wars through invasion. Many things were originally invented during wars and later applied to the daily lives of ordinary people. For example, the GPS positioning system that we now have in almost every phone was initially used to help soldiers locate enemies and send their exact positions to commanders. This allowed for the rapid deployment of troops to annihilate enemy forces, fully demonstrating the practicality of this technology during the Gulf War.

Radio was also invented during wartime. Before its invention, message transmission relied on human effort, warhorses, and carrier pigeons. Remember the marathon race? It commemorates a soldier who ran dozens of kilometers to deliver the news of victory and ultimately died from exhaustion. If radio had existed, the specific news could have been known in an instant. Moreover, some technologies that were originally intended for a better life ended up being militarized and transformed into powerful weapons.

Even more controversial is gunpowder, which evolved from the alchemical pursuit of immortality and the emotional release of a peaceful nation to a new "play" that can destroy everything in an explosion or launch into space. Gunpowder has undergone multiple transformations in the evolution and upgrading of warfare. War, to some extent, is a catalyst for technological development.

Only through the repeated trial and error and corrections of the people's war can truly useful technologies determine whether they are used against opponents or among the people. The current meme craze has a flavor of trial and error in warfare, and this model of war and development will disrupt traditional empires and rules, with new people and equipment being投入 into production and life. Only the technologies tempered by war can truly drive technological progress and the well-being of the people. Memes can drive the upgrading of industrial chains and serve as a touchstone for industry products.

I may have digressed a bit! In fact, it still comes down to that saying: as long as it is not prohibited by law, it can be done. Every industry is changing; if you do not change and insist on going against the trend, what awaits you is elimination.

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