Benzinga - Anatoly Yakovenko, the co-founder of Solana Labs, expressed his skepticism about the idea of meme coins contributing to public good. His comments come amid the meteoric rise of Solana (CRYPTO: SOL) based meme coins like Dogwifhat (CRYPTO: WIF) and Bonk (BONK).
What Happened: Yakovenko took to social media platform X formerly known as Twitter to share his thoughts on meme coins and their potential to contribute to the public good. He stated, “Memecoin are bad, but if they donate to a public good then they have paid a penance for the bad thing. I find this logic to be nihilistic.”
Memecoin are bad, but if they donate to a public good then they have paid a penance for the bad thing.I find this logic to be nihilistic.
I'd rather see people that hodl a memecoin change their behavior and go do something good, like walk dogs at a dog shelter and encourage…
— toly