BRIAN ARMSTRONG ON MEMECOINS

Summary from the TLDR Crypto newsletter

Coinbase CEO, Brian Armstrong, acknowledges the potential and staying power of memecoins, going so far as to suggest Bitcoin and the US Dollar are in some sense memecoins. Coinbase wants to be the place where anyone can buy any memecoin, and not be opinionated about what's listed as long as it is regulatory compliant. He recommends removing bad actors from the space and calling out their illegal insider trading activities while using memecoins as one of many mechanisms to bring a billion users onchain.