this post was submitted on 10 Jan 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.

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Amy and David answer your questions on crypto! (Part 1) (amycastor.com)
submitted 11 months ago by dgerard@awful.systems to c/buttcoin@awful.systems
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yes, feel free to ask some here yourselves

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[–] mountainriver@awful.systems 5 points 11 months ago

As I understand it, the situation is that no new money flows into the Satoshi scheme and the whales uphold the price of Bitcoin to extend and pretend. Meanwhile crypto is getting cut off from banks and payment institutions. What I am wondering is:

  • Is there a way for the small fry to sell their small holdings and get out?
  • Are the whales buying to keep the price up and thus creating a somewhat liquid market?
  • Is there a run for the exit and if not,why?