Is Meme a chamber pot?
When using it, it feels too undignified.
When not in use, it feels like there's no traffic in the house.
The drama of Robinhood these days is really suitable to be written into the black-and-gray theory on the chain.
When Robinhood Chain just started, Meme lit up the venue.
A bunch of Robinhood memes, CEO memes, and stock memes burst out; although they are crude and chaotic, people really did come.
But just as people arrived, Vlad turned around and started to emphasize RWA, stock tokens, and real financial infrastructure.
This statement is certainly not wrong.
Robinhood was never intended to be an on-chain zoo; what it truly wants is stock tokenization, is RWA, is moving traditional finance onto the chain.
The problem is, after the market heard it, the first reaction was not:
“Wow, a great financial revolution has arrived.”
But rather:
“Oh, the chamber pot is going to be put away.”
As a result, the Meme on the Robinhood chain began to weaken.
This is very real.
What was Meme in the early days of the new chain?
It was the chamber pot.
Usually complaining that it is crude, that it has a strong smell, that it does not meet institutional aesthetics.
But when traffic can't hold back at midnight, the first thing that comes to mind is still it.
Without Meme, the new chain is deserted.
With Meme, the officials are afraid others will call them a casino.
So every chain will experience this kind of split personality:
Outwardly saying they want to do RWA, payments, real assets, global financial infrastructure.
Internally checking the data:
Still, cat-dog-mouse CEOs can attract the most people.
The most ironic thing is that just as Robinhood wanted to button up their suit, everything got lively on Base.
BRIAN took off directly on Base.
A Meme called Coinbase Man redirected the market's attention back from "who is seriously building" to "who can play better."
Notice, I'm not saying BRIAN is the official currency.
This kind of thing does not need official acknowledgment.
The most terrifying aspect of Meme is here:
It doesn't need official approval.
It only needs the officials to feel awkward.
The more the officials want to maintain dignity, the more Meme resembles a little advertisement stuffed under the conference table:
Bro, need some traffic?
So today, what's really interesting is not how much BRIAN has risen, nor how much the Robinhood Meme has fallen.
What's truly interesting is:
Can the on-chain ecosystem really leave Meme?
The answer may be harsh:
At least not in the early stages.
RWA is the main course.
Meme is the appetizer.
No matter how high-end the main course is, without guests, only the waiter can applaud.
No matter how crude the appetizer is, once served, the atmosphere is lifted.
So is Meme a chamber pot?
Yes.
But in this Crypto building, many people need to use it at night.
Robinhood wants to do RWA, that's right.
Base wants to create a developer ecosystem, also correct.
The real key is:
Who can transform the dirty traffic brought by Meme into real users, real assets, and real transactions.
Otherwise, it will become:
When traffic is needed, pull out the Meme.
When dignity is needed, kick the Meme under the table.
When the chain gets cold again, invite the Meme back.
After seeing enough, on-chain players will understand.
The so-called grand narrative, many times, is the suit worn during the day.
Meme, is the real lifesaving slippers at night.
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