this post was submitted on 13 May 2024
20 points (100.0% liked)
Buttcoin
333 readers
46 users here now
Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.
A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.
founded 9 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Always a good sign when all the replies to a tweet are just bs cryptocoin projects going 'please say our name! Please let us leech some money off your small moment of fave'
Including an imposter account trying to phish people to a website with a disturbingly large amount of obfuscated JS and a "Connect Wallet" button.
Perfect, well as all these people are their own bank, and thus their own SOC, I see no problems there.
E: a bit more ontopic, but while the whole gamestop thing was marketed as an outsider consumer revolt against the evil stock traders, wasn't somebody involved in starting the whole thing a trained stock trader?
Yeah, his name comes up in the Folding Ideas video. Don't remember his name though, but if I remember correctly, he was a stock trainer who realised that large investors had large bets on game stop stock going down, and if it instead went up there was a lot of money to be made by betting on it going up. So he made such bets, spread the word, stock went up, he got rich and exited stage left without getting prosecuted for market manipulation.
But by then the whole memestock thing was of to the races.