Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

DailyCoin’s Crypto Memes of the Week #3

Published 07/30/2021, 12:00 PM
Updated 07/30/2021, 12:30 PM
DailyCoin’s Crypto Memes of the Week #3

There’s a grain of truth to every joke, and crypto memes are a distilled form of the grain.

The form of the long-awaited weekend unwind differs from person to person. Some people like watching Netflix (NASDAQ:NFLX) and devouring snacks, others prefer outdoor activities or socializing with friends. Our Friday memeology recap is for a special kind of gourmand – crypto meme connoisseurs.

The Two Most Relevant Topics: The Olympics and The Bull Market

2021 is the year of revival. We have already enjoyed Eurovision, the UEFA European Football Championship, and now it’s the turn of the Olympic Games in Tokyo. A few days ago, the internet was shocked by footage of a Judo trainer shaking and slapping the face of a German athlete. Although it might be a common pre-match ritual in martial arts, crypto meme artists certainly embraced the novelty and built a connection between the Olympics and the recent bull market.

As you might have noticed, the DailyCoin team works hard to provide insights on the most interesting and promising projects on the market. However, we never know when events will turn in the most unpredictable of directions. This time we got a good meme from a Harmony follower.

A user referenced our interview with the CEO of Harmony with the caption: “increased speed, and security by @lijiang2087.” The user of course meant the technology, however Li Jiang, the CEO himself, corrected him in a humorous manner, saying: “security is by the protocol not by me.”

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Li probably didn’t expect the next answer in the thread:

Shadowy Super-Coders and CBDCs Concocted in Hell by Satan

Boomers and other crypto-non-believers usually aren’t stingy with over the top expressions. We have already heard a lot, but this week we hit the jackpot with hyperbolic catchphrases!

First of all, Senator Elizabeth Warren expressed her concerns regarding increasing exposure to cryptocurrencies, calling crypto “some shadowy, faceless group of super-coders and miners.” She also sent an official letter to the U.S Secretary of the Treasury Janet Yellen, demanding stricter regulation on crypto.

It’s funny enough, but Warren warns and worries, while Yellen yells – much to the amusement of our editorial team!

Another story comes from the other side of the fence. Rich Checkan, the president of Asset Strategies International (ASI), depicted Central Bank Digital Currencies (CBDCs) as “concocted in hell by Satan himself.” You can watch the video for yourself below. Unfortunately, we haven’t found any appropriate memes for it, but in our opinion, the saying itself is a meme enough already!

It was literally a yelling parade this week.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Most people probably know the scene from “Back to the Future,” where Marty McFly plays “Johnny B. Goode” to the bewilderment of the audience, to whom he then proclaims: “I guess you guys aren’t ready for that yet, but your kids are gonna love it.”

Even though the film was released in 1985, it remains a favourite even among the younger generation. This is sort of reflected in the Netflix animation series “Rick and Morty,”which borrowed the concept from Back to the Future.

Surprisingly, the quote is incredibly suitable for boomer-millennial relations regarding crypto. While the former are loath to adopt digital assets, the latter put laser eyes on their photos and claim they see the future.

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.