this post was submitted on 14 Dec 2023
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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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[–] [email protected] 15 points 1 year ago (2 children)

At least $600,000 has been drained from multiple users so far.

As far as crypto heists go that isn't much.

[–] [email protected] 9 points 1 year ago

But the laughter it brings us?

Priceless.

[–] [email protected] 7 points 1 year ago (1 children)

I’ve been watching the last few and the numbers stay low. Not much money left in the casino, it would seem

[–] [email protected] 4 points 1 year ago (1 children)

I think the thefts are priced in the value of the stolen coins so this says nothing about the liquidity. No idea how to properly look that up (and last time I tried it was oddly hard to find data on it, and the changes of it over time)

[–] [email protected] 6 points 1 year ago (1 children)

illiquid shitcoins are the order of the day. putting a spurious $ value on them is part of the scam. comes back to completely fuck them when it's prosecution time tho, cos the $ values immediately push the crime into the highest sentencing bracket. here's to mark-to-market!

[–] [email protected] 2 points 1 year ago

In .nl the higher the crime bracket the more resources the police/persecution can also use to go after that crime (that is at least it was a while ago) why all dutch computer crime had pretty high prison times, as else they simply couldn't be policed. Wonder if they also get themselves in trouble like that.