• @epyon22@sh.itjust.works
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    722 years ago

    All these company based coins are essentially grey market stocks, sell coins for free capital, coins gain value on perception of company value. Plus Elon can continue pumping and dumping. The distopian future of company owned currency sounds terrible.

  • gullible
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    372 years ago

    This is definitely going to work and, moreover, Elon will eventually use it to perform a rug pull at a scale not seen since like the previous week maybe.

      • yukichigai
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        182 years ago

        I know he did it with Doge, but that was a meme coin he wasn’t involved in making.

          • @Psythik@lemm.ee
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            52 years ago

            My dumbass brother is one of them.

            Also I told him to sell his bitcoin when it was at $44k and still plummeting cause it was going to drop below $20K (so rebuy then) and he didn’t do that either…

  • @austin@aussie.zone
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    182 years ago

    What was the original Simpsons screenshot? I want to know what those signs originally said.

    • @meggied90@lemm.ee
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      272 years ago

      I don’t know which episode, but the signs originally said “we don’t take itchy & scratchy money”. Hope that helps!

    • stebo
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      52 years ago

      except it’s not because it’s value is way more unstable than regular money (I’m no expert in this so please don’t murder me in my sleep)

  • elouboub
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    92 years ago

    Basically stock, but uncontrolled? (maybe not the right word)

    • @darkpanda@lemmy.ca
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      102 years ago

      I’m assuming the one where they go to Itchy & Scratchy Land, which the internet tells me is season 6, episode 4.