this post was submitted on 30 Jul 2024
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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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From the White House to Caesar's Palace: Trump at the 2024 Bitcoin Conference (blog post) (thedabbler.patatas.ca)
submitted 4 months ago by smallpatatas@lemm.ee to c/buttcoin@awful.systems
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[–] gerikson@awful.systems 7 points 4 months ago

Because Bitcoin sets itself up as the antithesis of governments' ability to use fiscal discretion in budgeting, or central banks' monetary discretion in stabilizing an economy, people's financial investment in Bitcoin usually ends up morphing into an emotional and ideological investment in being antagonistic toward those parts of liberal democracy, regardless of the policy being implemented.

Great summary.