Former Coinbase CTO Balaji Srinivasan criticized memecoins, calling them a “zero-sum lottery” that creates no wealth. Customers Instructed to Make investments Solely What They Can Afford to Lose Former Coinbase chief expertise officer Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery.” He argues that these cash create no wealth, and consumers usually lose the whole lot […]
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