Umar(@umar_xbt):Threadguy says Trump did to politics what memecoins did to crypto “In a lot of ways, I appreciate Trump turning this whole show into a Saturday Night Live episode. The whole thing feels like an Onion script.” “It reminds me of what the 2024 memecoin cycle did to crypto. In 2021, everyone publicly debated tech and blockspace while insiders got hilariously rich selling on everyone.” “Eventually, people said, ‘Instead of trading worthless things wrapped up as valuable, let’s trade worthless things wrapped up as worthless.’” “Did that make crypto better or worse? I don’t know but it got rid of the blinders.”

2026.09.25 17:09

Threadguy says Trump did to politics what memecoins did to crypto “In a lot of ways, I appreciate Trump turning this whole show into a Saturday Night Live episode. The whole thing feels like an Onion script.” “It reminds me of what the 2024 memecoin cycle did to crypto. In 2021, everyone publicly debated tech and blockspace while insiders got hilariously rich selling on everyone.” “Eventually, people said, ‘Instead of trading worthless things wrapped up as valuable, let’s trade worthless things wrapped up as worthless.’” “Did that make crypto better or worse? I don’t know but it got rid of the blinders.”