In the fast-paced world of cryptocurrency, where innovation meets speculation, one tweet from MartyParty has sparked a timely reminder about the core principles that define the industry. MartyParty, a prominent crypto commentator and host of The Office Space, took to X (formerly Twitter) to emphasize a fundamental truth: if it's not permissionless, it's not truly crypto.
The tweet in question, posted on September 7, 2025, reads: "People remember if its not permissionless it is not crypto. Be weary of grifters with permissioned technology posing as crypto or web3. Permissioned is web2. We have tried that. It failed." You can check out the original post here.
Let's break this down in simple terms. Permissionless technology means anyone can participate without needing approval from a central authority. Think of it like an open park where anyone can enter, play, or even set up a lemonade stand—no gatekeepers required. In crypto, this translates to blockchains where users can transact, build, or launch projects freely, fostering innovation and inclusivity.
On the flip side, permissioned systems are like private clubs: you need an invitation or approval to join. These are common in traditional finance and Web2 platforms, where companies control access and data. MartyParty argues that we've already seen these models falter—remember the data breaches, censorship, and monopolies in big tech?
This distinction is crucial in the meme token ecosystem, which thrives on permissionless environments. Meme coins like Dogecoin or newer ones on Solana often explode in popularity because anyone can create, trade, or hype them without barriers. Permissioned setups could stifle this creativity, turning vibrant communities into controlled silos ripe for exploitation.
MartyParty's warning about "grifters" hits home. Grifters are opportunists who peddle shiny but flawed ideas for personal gain. In crypto, they've been known to promote permissioned "Web3" projects that promise decentralization but deliver centralized control, leading to rugs, exploits, and lost funds. Remember, over 90% of major hacks target centralized bridges—those permissioned gateways between chains—as MartyParty pointed out in a follow-up reply.
The conversation didn't stop there. Replies poured in, with users debating the need for bridges and echoing concerns about centralized risks. One responder asked if bridges are necessary, to which MartyParty firmly replied no, highlighting them as prime spots for fraud.
For blockchain practitioners and meme enthusiasts alike, this serves as a wake-up call. As we navigate the latest tech news—from layer-2 scaling to AI integrations—prioritizing permissionless protocols ensures the space remains true to its roots: empowering individuals over institutions.
If you're diving into meme tokens, look for projects on fully decentralized chains. Tools like decentralized exchanges (DEXs) on Ethereum or Solana embody this ethos, allowing seamless, permissionless trading.
MartyParty's message is clear: stick to permissionless for real crypto progress. It's a reminder that in this industry, freedom isn't just a buzzword—it's the foundation. Stay vigilant, and let's build a better Web3 together.