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Exploring ethical dilemmas in the crypto space, from racist meme coins to idolizing controversial figures. Reflecting on the industry's moral compass and the pursuit of good amidst the bad. Delving into the intersection of profitability and racism, and navigating the complexities of crypto venture capital. Discussing risks in crypto investing and advancements in the ecosystem with platforms like Mantle and Toku.
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Quick takeaways
- The rise of racist meme coins reflects a worrying trend of moral ambiguity in the crypto industry.
- Attention-driven market dynamics prioritize profitability over ethical considerations, leading to concerning trends like scams and questionable practices.
Deep dives
The Dark Side of Crypto: Meme Coins and Broken Morality
Crypto's recent focus on racist meme coins on Solana highlights a concerning trend in the industry. The post 'Crypto's Broken Moral Compass' by Polenia delves into the worrisome intersection of profitability and distastefulness in meme coins. The emergence of crude and attention-seeking meme coins reflects a deeper issue of moral ambiguity within the crypto space. This trend raises questions about the industry's values and the impact of narratives and attention on crypto Twitter.
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