Vitalik Buterin has articulated seven potential real-world applications for meme coins, defending their value beyond mere entertainment.

He suggests meme coins can be used for peer-to-peer cross-border payments, decentralised social platforms, prediction markets, and privacy-focused transactions.

Additionally, he envisions their role in zk reputation systems, zk validium-based enterprise applications, and censorship-resistant voting mechanisms.

Buterin responds to critics who argue that meme coins detract from crypto’s potential, emphasising their ability to fund public projects and support various causes.

Despite differing opinions, Buterin sees significant societal benefits and practical applications for meme coins.