泵的兴衰。FUN：一个模因硬币工厂如何成为加密灾难的新面孔

Vitalik Buterin从未对自己的信仰感到害羞，但他的最新评论只是动摇了加密推特。以太坊联合创始人放置了泵。

Vitalik Buterin isn't shy with his beliefs, but even his latest comments managed to shake crypto Twitter. In a blunt takedown, the Ethereum co-founder placed Pump.fun - Solana's infamous meme coin factory - alongside crypto catastrophes like FTX and Terra/Luna.

Vitalik Buterin对他的信念并不害羞，但即使是他的最新评论也设法震惊了加密推特。以太坊联合创始人放置了泵，放置了泵。FUN-索拉纳臭名昭著的模因硬币工厂 - 与FTX和Terra/Luna等加密灾难。

Yes, really.

是的，真的。

For Buterin, the rise of low-effort, high-noise platforms like Pump.fun isn't just a passing annoyance - it's a real threat to the integrity of decentralized finance.

对于Buterin来说，诸如pump.fun之类的低及高噪声平台的兴起不仅是一个过分的烦恼 - 这是对分散融资的完整性的真正威胁。

And things get even more surreal when Black Mirror enters the chat.

当黑镜进入聊天时，事情变得更加超现实。

A Meme Coin Factory Turned Dark Comedy?

模因硬币厂变成了黑暗的喜剧？

Known for churning out viral meme coins at lightning speed, Pump.fun has become crypto's version of reality TV gone wrong. But now, it's crossing over into fiction - with disturbing accuracy.

Pump.Fun因以闪电速度制作病毒模因硬币而闻名，已成为加密货币电视的版本。但是现在，它越过小说 - 精度令人不安。

The first episode of Black Mirror's latest season, titled "Common People," features a storyline that feels eerily familiar. In it, a man degrades himself on a live website called Dum Dummies in exchange for digital tokens - desperate to buy a better life-support tier for his wife.

Black Mirror的最新季节的第一集名为“普通人”，其中一个故事情节令人熟悉。在其中，一个男人在一个名为Dum Dummies的现场网站上降低了自己，以换取数字令牌 - 迫切希望为他的妻子购买更好的生命支持层。

Crypto users immediately saw the parallel. On Pump.fun, creators have gone viral for pulling dangerous stunts to pump their meme coins. The satire, it seems, isn't far from reality.

加密用户立即看到了平行。在泵。Fun上，创作者因拉动危险特技抽取模因硬币而流行了。讽刺似乎与现实不远。

Buterin Isn't Laughing

Buterin没有笑

In a recent post on Warpcast, Buterin didn't hold back. He warned that "bad applications" like Pump.fun risk derailing Ethereum's purpose entirely.

在最近的Worpcast上的一篇文章中，Buterin没有退缩。他警告说，像泵一样的“不良应用”。

"Apps are ~80% special purpose," he said. "What apps you build depends heavily on what ideas you have of what Ethereum apps are there to do for the world."

他说：“应用程序的特殊用途约为80％。” “您构建的应用程序在很大程度上取决于您对以太坊应用程序为世界所做的什么想法。”

That's where social philosophy comes in. According to Buterin, crypto builders must think deeper - beyond the memes, beyond the hype - and ask: what are we actually building?

这就是社会哲学的来源。根据Buterin的说法，加密建筑商必须更深入地思考 - 超越模因，超越炒作 - 问：我们实际上是在建造什么？

He's long advocated for "higher-quality fun" - projects that contribute meaningfully while staying creative. But Pump.fun, in his view, represents the opposite.

长期以来，他一直倡导“高质量的乐趣” - 在保持创造力的同时有意义地做出贡献。但是，在他看来，泵。

A Lineup of Infamy

臭名昭著的阵容

By mentioning Pump.fun in the same breath as FTX and Luna, Buterin places it in a hall of shame reserved for the worst of crypto. Not for fraud or collapse, but for something more abstract: moral decay.

通过与FTX和Luna相同的呼吸中提及泵，Buterin将其放置在为最糟糕的加密货币中保留的耻辱大厅中。不是为了欺诈或崩溃，而是为了更抽象：道德衰减。

It's no longer just about financial loss. It's about the industry's image, direction, and what kind of culture we're incentivizing.

它不再只是财务损失。这是关于行业的形象，方向以及我们激励什么样的文化。

Sure, Pump.fun recently reinstated its live-streaming feature (after pausing it due to backlash). But is that a comeback or a warning sign?

当然，Pump.Fun最近恢复了其实时流传输功能（由于反弹而暂停之后）。但这是卷土重来还是警告信号？

Conclusion: When Satire Becomes Reality

结论：当讽刺成为现实时

Ultimately, Vitalik's words are a call to arms for developers and users alike. Pump.fun might seem like harmless fun, but when a Black Mirror episode manages to mirror real-life meme coin antics, it's time to reflect.

最终，Vitalik的话是开发人员和用户的呼吁。 pump.fun似乎是无害的乐趣，但是当黑色镜子情节设法镜像现实生活中的模因硬币滑稽动作时，是时候反思了。

Because if we're not careful, crypto won't just look dystopian - it will become it.

因为如果我们不小心，加密货币将不仅看起来反乌托邦，它将成为它。