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.

founded 1 year ago

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dgerard@awful.systems

boy those ETFs were the juice bitcoin really needed eh (awful.systems)

submitted 11 months ago* (last edited 11 months ago) by dgerard@awful.systems to c/buttcoin@awful.systems

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that drop was one hour after the latest billion tethers

the new narrative is apparently that the pump is in 90 days when financial advisors are finally ready to push bitcoin ETFs on their customers (for some reason)

ETFs put bitcoin on steroids!! y'know, asthmatic with shrunken balls

the bitcoin market is fake and in tethers, but the retail securities market is real and in dollars

my brother in Satoshi, you are the exit liquidity

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[–] Soyweiser@awful.systems 8 points 11 months ago

Last time I checked, which is a while back the institutional investors are putting less and less money into the whole cryptocurrency ecosystem. Of course bitcoin != the wider ecosystem, and people are prob into bitcoin for the whole value thing and nothing more, but it is a bad sign. The wider cypherpunk dream is dead I'd say.