The BitConnect Carlos meme features Carlos Matos, an investor whose high-energy presentation at a 2017 BitConnect ceremony in Thailand became a symbol of crypto-culture irony. His exuberant shouts of 'BIIIIITCOOOONNEEEEECT!' and 'WASA WASA WASA WASA!' went viral just as the platform was exposed as a massive Ponzi scheme. The meme serves as a shorthand for financial disaster hidden behind extreme hype, and it is frequently used to mock rug pulls, bad investments, or unbridled enthusiasm that is destined to end in failure. It remains one of the most recognizable artifacts from the early cryptocurrency era.