---
title: "Memecoins are like a ‘risky casino’ — Andreessen Horowitz CTO"
url: https://diffcoin.com/memecoins-are-like-a-risky-casino-andreessen-horowitz-cto/
description: "The chief technology officer of VC firm a16z said that memecoins are like risky casinos that deter real builders from the crypto ecosystem. Source link"
published: 2024-04-25
updated: 2024-04-25
author: "Mila"
site: "Diffcoin"
---

# Memecoins are like a ‘risky casino’ — Andreessen Horowitz CTO

The chief technology officer of VC firm a16z said that memecoins are like risky casinos that deter real builders from the crypto ecosystem.

[Source link](https://cointelegraph.com/news/a16z-crypto-memecoins-like-risky-casino)