Ah TikTok. Right result, wrong reasons.
While it's unlikely it was intended as such, China now uses TikTok as a psychological opium. Proof is in how it works within their own borders. No dancing, no thirst traps, no random junk with no merit. Chinese users see patriotic videos, educational content, and are limited in how long they can be on it each day. And the addiction power of Tiktok overseas is so strong people are already in withdrawal after less than an hour.
US Gov did it to push people toward Meta, for money, for censorship. They still are all scum. Doesn't mean the result is a bad thing.
The problem isn't memecoins. The problem is gambling. The problem is that getting rich requires that you be lucky and incredibly intelligent, or get lucky gambling. Even bitcoin is ultimately just the best bet in a sea of bad odds.
The memecoins will die out when gambling is no longer a requirement. Not one hour before.
