Coinbase’s CEO has just publicly admitted that content coins were a mistake.


ZORA is down 95%. The Base chain has shifted from “helping creators issue tokens” to “trading, payments, and AI agents.”
This isn’t a pivot—it’s a corpse claim. Content coins were a solution looking for a problem from day one. Creators don’t need their own tokens; they need fans and revenue. Anyone who mixes those two things up either doesn’t understand creation or doesn’t understand finance.
Armstrong wasted an L2 time window chasing a nonexistent narrative. Now he’s awake. The question is: is he awake too late?
COIN3.53%
ZORA2.86%
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