Buttcoin

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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.

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dgerard@awful.systems

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Argentinian president Javier Milei promotes memecoin that then crashes 95% in apparent $100 million+ rug pull (www.web3isgoinggreat.com)

submitted 4 days ago by neme@lemm.ee to c/buttcoin@awful.systems

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[–] Tikiporch@lemmy.world 13 points 4 days ago

Is it a rug pull if it was only ever a way to funnel Russian money into Milei's pocket? I don't think average folks fall for grifts like this, or Trump's meme coin. It's just a new way to bribe people.

Like, in days past, they'd have just donated a bunch of money to Milei's charitable organizations that would turn around and pay Milei exorbitant speaking fees.