The meme highlighting the issue that if the Fed can just continue to print money, why is an infinite supply of Doge a problem but printing an infinite supply of money isn’t? Therefore, something with an infinite supply should not be able to hold value, but as we have seen, especially since the pandemic, is that central banks around the world continually print money out of thin air. The argument being that what makes something valuable is that there is a finite supply such as we see with Bitcoin, Gold, and Silver.
Dogecoin has been ridiculed endlessly in the past as the argument states that something with an infinite supply cannot be used as a currency or store of value. This meme is fantastic as it highlights a major flaw in our existing monetary system. While Dogecoin did start out as a token with no real purpose other than to be used as a joke, it has certainly exploded into a planetary wide and cultural phenomenon, now with real-life use cases after it piqued the interest of Billionaire Elon Musk and Millionaire Mark Cuban.ĭogecoin Cannot be used as a “Real” Currency due to its Unlimited Supply as the Fed Continues to Print Money Image via media.workandmoney This meme was reused brilliantly to highlight what it feels like when you dive too deep into the altcoin space and start feeling like a Pokemon trainer trying to catch them all.Īh Dogecoin, no crypto meme list would be complete without an inclusion of the beloved original meme coin that started it all.
Man on the moon movie mems series#
This boy scout with badges meme was first used in the protect your girl, series where the meme community found humour in finding pictures of people featured in situations that are not exactly known as being “cool,” in the traditional sense, implying in a joking manner that you had better protect your date from being stolen by these folks who probably aren’t so hot in the dating department. Next thing you know, they started off with one wallet to hold Bitcoin, and now have four crypto wallets, use five different exchanges, and own sixty-seven different cryptos spread out all over the place and now I need… I mean they need a spreadsheet just to keep track of them all. Image via īut wait a minute, nobody wants to have all their eggs in one basket, what if someday one of the Ethereum competitors over-takes it? Not wanting to miss out and bet on the wrong horse in the race to DeFi supremacy and Web 3.0, now they start picking up Eth competitors as well, buying coins like Cardano, Solana, and Cosmos. The Struggle of Carrying all Those Crypto Moon-bags is Real. Here is a great meme that speaks volumes of truth, summing up the journey that many crypto holders take when they first get into the crypto space. The episode features a storyline where one of the main characters, Charlie, goes on a crazy conspiratorial rant about how he believes a person named Pepe Silva who works in the company doesn’t actually exist. The meme shares the same name Pepe Silva, as the episode it originated from, taken from a scene in a comedy series called, It’s Always Sunny in Philadelphia.
This meme is one that has been recycled many times as it can be used for any topic that is complex or crazy to try and explain. Though the majority of crypto conversations I have, end up in me going on a rant about how flawed the traditional financial system is and how this crazy, “rainbow money” has the potential to save us from those evil banks, leaving my Tinder date staring blankly, sipping on Starbucks while eyeing the exit… They never call me back. When trying to explain crypto to a no-coiner, you can start by explaining why the economic fundamentals of Bitcoin just make sense, or get into the tech behind blockchain, and its potential for future innovation.
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What really cracks me up about this meme is how it accurately pokes fun at how many crypto conversations evolve. I’ve tried explaining my thoughts on crypto to my father for years, and he still shrugs and says, “I just don’t understand the Bitcoin.” Even if the conversation has nothing to do with Bitcoin, he refers to the entire crypto space as, “ the Bitcoin,” bless him, he’s a simple man. The concept of crypto can be tough to grasp for many out there who still feel that Bitcoin is, “rainbow money,” with no real value. How I feel Explaining Bitcoin Image via crbn.social
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