The article discusses the launch of President Donald Trump's Solana memecoin, highlighting the significant economic activity and transaction volume it attracted. The author argues that the Bitcoin community missed an opportunity to attract this economic activity by dismissing tokens and memecoins on Bitcoin as "shitcoins." The author suggests that Bitcoin could have capitalized on the demand for tokens by developing a sleeker user experience, improved functionality, and creative harm mitigation approaches. The article acknowledges the pitfalls of the memecoin ecosystem but suggests that a transition period and remnants of the fiat system are expected in the emergence of a new economy. The author also speculates on the potential future of high-profile individuals' personal memecoins as a reflection of their performance or popularity. The article concludes by urging the Bitcoin community to embrace creativity and innovation to maintain its position as the bedrock for a dynamic economy.



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