Former Coinbase CTO Balaji Srinivasan Rails Against Memecoins, Calls Them ‘Zero-Sum Lottery’
Submitted by Anonymous (not verified) on Tue, 01/21/2025 - 05:50
Former Coinbase CTO Balaji Srinivasan criticized memecoins, calling them a “zero-sum lottery” that creates no wealth. Users Told to Invest Only What They Can Afford to Lose Former Coinbase chief technology officer Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery.” He argues that these coins create no wealth, and buyers often lose everything […]