Gamble Meme Quotes

Richard Dawkins called bits of cultural information memes and treated them as transmitted and inherited in the same way as genes. But whereas genes can be understood in terms of chromosomes and the ACGT bases that form DNA, memes cannot. For example, is each technounit in a well-made arrow a meme or is the entire implement? Is it possible to regard the belief system of the Catholic Church as a super meme? Trying to reduce culture to bits of information is to miss the point of its agency in human activity.

Are there any people under the age of 40 who have ever thought markets were something besides a casino? Meme trades aren’t the cause of widespread distrust, they’re the symptoms of it. And those people under 40 who think finance is for gambling? They’re the lucrative part of Robinhood’s user base. Legal issues aside, it seems like Robinhood has a good business model for monetizing financial nihilism—which is the kind of thing investors might get excited about.

But it is undeniable that Trump harnessed and encouraged the antiestablishment energy found online, and that his status as president helped this energy move from the wires to the weeds. Stop the Steal, Trump’s last gamble, showed him ready to exploit the very people who had voted for him and who he surely knew were susceptible to his lies.

Young Americans are open to a range of speculative forms of investing, from the stock market to cryptocurrency to video game skins. Many in this generation have disposable income, but not so much that they see a realistic possibility of saving up to buy a home, start a business, or pay off their student loans. So they gamble instead, whether on March Madness or meme stocks, hoping to multiply their money many times over.