Trollface Creator Argues Crypto Undermines Artistic Value, Foregoes Legal Action on $200M Meme Coin

Carlos Ramirez, the artist behind the globally recognized “Trollface” meme, has voiced his concerns regarding the impact of cryptocurrencies on the artistic landscape. In a recent interview, Ramirez elaborated on his belief that the proliferation of meme-based cryptocurrencies, such as BonkCoin featuring his image, weakens traditional artistic principles and degrades creative standards. Despite the unauthorized use of his imagery in these cryptocurrencies, Ramirez stated he will not pursue legal action against BonkCoin or similar ventures. He explained that pursuing litigation would be excessively costly and time-consuming, with the potential benefits not justifying the effort. Instead, Ramirez prefers to concentrate on safeguarding his copyright in other areas, like selling officially licensed “Trollface” merchandise. Ramirez’s comments have ignited a heated debate within the cryptocurrency community, with opinions divided between those who agree that meme coins are detrimental to art and those who view them as a novel form of creative expression and commerce. Regardless of differing viewpoints, Ramirez’s situation emphasizes the legal and ethical challenges artists face in the age of the internet and digital currencies.