# Philosophy

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**Disclaimer:** here[^1]
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A “memecoin” is a cryptocurrency inspired by internet memes or cultural trends, typically lacking any utility or intrinsic value (on purpose). Memecoins on Solana have a short life expectancy: most launch on [pump.fun](https://pump.fun/), get traded by “degens” for a few hours, and then die. On Bitcoin, we believe memecoins should be viewed more as collectibles; if not, there’s no point in having them on Bitcoin. Solana is faster and cheaper, but Bitcoin is forever. The Relics protocol wasn’t created for coins that last only a few blocks—it was designed to host fungible collectibles for eternity.

[^1]:


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