This paper proposes an approach to studying the impact of the Internet on political culture through the concept of collective memory. Departing from the traditional approaches that confine political culture to knowledge, orientations, and behavior, to constructive and interpretive frameworks that define it through the process of "meaning-making," collective memory emerges as an essential component of political culture with its meanings, symbols, and narratives about political life. The paper concludes – from examining the case of the Egyptian Revolution of January 25, 2011 – that the development of the Internet may limit the role of the state and the elite in shaping political culture and collective memory, but it may also increase the severity of political and social polarization and weaken the culture of tolerance towards the other, and the chances of achieving social reconciliation, which is what we call the "paradox of collective memory".