Hot take: Tesla was the world’s first memecoin.

🕰️ IPO in 2010, before DOGE, ETH, SOL

📊 Traded primarily on Elon’s brand, hype vids / events, “roadmap”

🤷‍♀️ Utility of governance, dividend right, biz fundamentals…etc are side effects & afterthoughts

💸 Some ppl moon, others get rekt

building @revealcam @alfaca @offmarket @perl | alum South Park Commons | previously cofounder SBLY.com, eng at Stripe | peter-kim.com

yea haha i often say that covid/zirp peeled back the curtain and introduced many people to memecoins, before it existed

like as they traded tsla options, gamestop/bed bath and beyond/hertz/etc in the same robinhood app that offered dogecoin it rewired their brain and how they think about money, value, investing

elon is the greatest memecoin dev

Cofounder & CTO @rodeodotclub @foundation.

https://rodeo.club/@elpizo

yup

https://farcaster.xyz/entropybender/0x6b2bd6c2