this post was submitted on 25 Mar 2025
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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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[–] skhayfa@lemmy.world 0 points 1 year ago

North Korea supports the idea

[–] JHD@lemmy.world 0 points 1 year ago (1 children)

Aren't they selling gold certificates?

[–] greenhorn@lemm.ee 0 points 1 year ago

Fort Knox NFTs?

[–] LovableSidekick@lemmy.world 0 points 1 year ago

I heard Tesla stock is a great buy!

[–] Wooki@lemmy.world 0 points 1 year ago* (last edited 1 year ago)

Do it, I dare them

It will speed up and severely deepen the collapse of the US dollar.

Between the tarrifs, the massive structural debt, and now grifting the public on crypto: the depression will be like nothing before.

[–] melsaskca@lemmy.ca 0 points 1 year ago

Bitcoin is the new Brooklyn Bridge.

[–] normalexit@lemmy.world 0 points 1 year ago (1 children)

Gold is real and generally increases in value. Bitcoin is nonsense with perceived value that makes it valuable until it is not. Quantum computing will break a lot of things. Including Bitcoin.

[–] dgerard@awful.systems 0 points 1 year ago

yay goldbugs

[–] Amoeba_Girl@awful.systems 0 points 1 year ago (1 children)

Aw yeah time for the Great Libertarian Schism

[–] BlueMonday1984@awful.systems 0 points 1 year ago (1 children)

We're seeing it in action right now, tonight in this very thread:

Godspeed, David.

[–] andrewth09@lemmy.world 0 points 1 year ago

Imagine Bitcoin going to the Gold Standard.

[–] watson387@sopuli.xyz 0 points 1 year ago

Translation: They're going to steal all of the Fort Knox gold.

[–] N0body@lemmy.dbzer0.com 0 points 1 year ago (1 children)

The most stable currency in human history liquidated to buy the least stable, and it won’t even crack the top 10 dumbest ideas this week.

[–] dgerard@awful.systems 0 points 1 year ago (1 children)

when did we get goldbugs here

bitcoin is more stupid, but goldbugging is not not stupid

[–] DragonTypeWyvern@midwest.social 0 points 1 year ago (1 children)

Do you realize that putting your wealth into commodities and securities instead of a deliberately inflated currency is just basic money management?

And with "securities" not looking too hot right now, that leaves commodities.

(Also it's huge warning sign of a recession in general)

[–] bitofhope@awful.systems 0 points 1 year ago (1 children)

You probably felt really smart when wrtiting that comment, and that's totally normal and valid. Everyone has lapses in reading comprehension sometimes.

[–] DragonTypeWyvern@midwest.social 0 points 1 year ago (1 children)

Uh huh. Why don't you explain for class what you think the conversation is?

[–] bitofhope@awful.systems 0 points 1 year ago (1 children)

Okay ~~dadd~~professor. Most of us were agreeing that Trump admin trading gold reserves for cryptocoins is a stupid idea. This seems to have attracted people who agreed for the incorrect reason, namely that they think inert yellow metal is the fundamental source and measure of wealth, which David called out. After that it could be one of three things:

a) You misunderstood what David wrote and rudely insinuated he is unfamiliar with the concept of speculative investment.

b) You correctly understood what David wrote and — being a goldbug yourself — took issue with it and proceeded to make the aforementioned rude insinuation.

c) You're flirting with me a bit too aggressively and it's activating my brat instincts, professor~

[–] DragonTypeWyvern@midwest.social 0 points 1 year ago (2 children)

You're not intellectually ready for college, calm down.

  1. No, I understand what double negatives are and addressed them correctly. You're giving "David," and I doubt very much you're personally familiar with him, credit where it isn't due.

  2. Goldbugs are people who are unreasonably bullish on gold as a value store, just because it's gold.

I am pointing out that it is perfectly reasonable to invest in gold when your government is run by morons both actively attacking the value of the national currency and doing their best to cause a recession. Especially when those morons have a personal financial interest in doing so because all of their wealth is in commodities and securities while their debts are measured in USD.

[–] dgerard@awful.systems 0 points 1 year ago

lol holy shit

[–] swlabr@awful.systems 0 points 1 year ago (1 children)

also make sure you get a 100% gold buttplug and sleep with it in. that way you always have a stash on you in case the left take over the government and storm your house

[–] dgerard@awful.systems 0 points 1 year ago

Gold Buttplug
He's the man
The man with the Midas arse
Pretty girl, beware of his plug of gold
This butt is cold