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#shitcoins

1 post1 participant0 posts today
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Ecologia Digital

"This is the #DOGEplaybook. It's all about #plunder:take something that was carefully built up over generations & burn it to the ground, warming yourself in the pyre, leaving nothing behind but ash.
Trump's a plunderer…elected by the #plundererclass—like the #cryptobros who want to run wild, transforming workers' carefully shepherded #retirementsavings into useless #shitcoins, while the crypto bros run off with their perfectly cromulent #fiatmoney."
@pluralistic
pluralistic.net/2025/02/07/bro

pluralistic.netPluralistic: “The Fagin figure leading Elon Musk’s merry band of pubescent sovereignty pickpockets” (07 Feb 2025) – Pluralistic: Daily links from Cory Doctorow
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⚯ Michel de Cryptadamus ⚯

bitcoin maxis finding out what it's like to have leopards eat your face as it becomes increasingly clear Trump is considering including shitcoins like #Ripple's XRP (created by one of the Trump's largest donors, #BradGarlinghouse) in America's "Strategic Crypto Stockpile" which they thought was going to be a #StrategicBitcoinReserve.

(Alexander Leishman runs a bitcoin custody company called River).

Tweet by @Leishman Ripple is an American company the same way that Enron was an American company. Tax payers do not want to support your grift. Tell us, what revenues has Ripple earned outside of selling XRP? Your only business model is printing your shitcoin out of thin air and convincing retards on wall street to get in on it with you, then dumping on the American public. QT of Brad Garlinghouse: Unless you are choosing to ignore the core tenants of the POTUS campaign (which aggressively supports American companies and technologies), our efforts are actually INCREASING the likelihood of a crypto strategic reserve (which includes bitcoin) happening
#leopardseatingfaces#LeopardsAteMyFace#bitcoin
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Kevin Karhan :verified:

@spaf or lile any other #Currency their "#value" is solely based upon convertability.

That's why 5.000 KPW won't buy you a Cheeseburger in the USA, but 5.000 U$D a car and 5.000 XMR :monero: a house or at least an tiny.single-room condo...

All currencies are beased upon acceptance and convertability, and that's why #Bitcoin :bitcoin: and everything else but #Monero are #Shitcoins that prey on people horny for money and greedy af.

Am I wrong?
youtube.com/watch?v=YQ_xWvX1n9

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Kevin Karhan :verified:

@selzero People who shill #Shitcoins and have a #eth name on their profile are unbearably #cringe.

Needless to say that in the age of #dusting, this level of blatant self-doxxing will bite them in the rear more than anything...

ofac.treasury.gov/faqs/1078
home.treasury.gov/news/press-r

Seriously, who in their right mind still shills for #Ethereum, #Bitcoin :bitcoin: or any other #Shitcoin in the era of #Monero :monero: is beyond me.

Office of Foreign Assets Control | U.S. Department of the Treasury1078 | Office of Foreign Assets Control
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Kevin Karhan :verified:

@aral @lexd0g let's say it this way:

I usually can find the merits in #tech but as of now people shove "#blockchain" and "#NFTs" into everything regardless if it makes sense or not just to fleece #VentureCapitalFirms...

Noone needs the floods of #Shitcoins when the only one that actually works as a #payment system is #Monero and it's only demand exists due to Credit Card firms & #PayPal being anti-consumer shit and horribly centralized.

youtube.com/watch?v=YQ_xWvX1n9

YouTubeLine Goes Up – The Problem With NFTsBy Folding Ideas
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Kevin Karhan :verified:

@stux I've to agree and the only exception of the rule I know is #Monero but that's solely to it being unable to be abused for NFTs and other "bigger fools #Scam|s"...

Unlike all #shitcoins Monero actually aims to be a #payment system equally as convenient like #PayPal - if not far better...

But that's just me acknowledging that the core concept behind NFTs can be good but all current implementations are just "below" it's potential and usefulness...

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