Posted 3/4/2024, 1:00:00 PM
Buterin: Meme Coin Frenzy Overshadows Underfunded Crypto Infrastructure
- Buterin argues meme coins are over-invested compared to critical crypto infrastructure
- He views crypto infrastructure as an underfunded "public good" due to economic principles
- Buterin subtly criticizes meme coin frenzy despite sector being up 28%
- He says Reddit IPO geographic constraints show why crypto is more inclusive
- Buterin highlights EIP-4844 proposal to solve blockchain scalability and reduce costs
