Unlike Bitcoin or Ethereum, meme coins have no intrinsic utility and derive their market value almost entirely from collective behavior, making them highly susceptible to volatility.
The past hundred years a canon that defined modernity, post-modernity, and our world was established, celebrated, illuminated, and constantly revised by critics and appreciators who used the pen to make their case. They’re the ones who helped establish cultural significance. They’re the ones who remind us to marvel not at demographics, but at... See more
4/ The internet is rewiring not only the media sector (as with streaming) but the public itself, which is breaking up, or being broken, into multiple — some say parallel — realities.
As you can tell from my attempt to describe it, we do not have a good language for this shift.