this post was submitted on 22 Aug 2025
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[–] wuffah@lemmy.world 42 points 10 months ago (1 children)

As an Internet person with absolutely no knowledge or experience in finance, I can professionally guarantee you that Kanye West’s crypto coin “Yeezy Money” is not a good investment and you should not purchase it.

I mean Jesus fucking Christ.

[–] BussyGyatt@feddit.org 5 points 10 months ago

the more you think about it the worse it gets

[–] Darkard@lemmy.world 24 points 10 months ago (1 children)

So what? Kanye sold his 50% of the scam coin plus the 11% that saw it happening and tried to get out in time.

This is the lifecycle of all crypto.

[–] venusaur@lemmy.world 3 points 10 months ago

Yup. This is how all new coins work. Even the OG coins go through pump and dump, just like stocks, but they have the numbers and legitimacy to bounce back.

[–] Aidinthel@reddthat.com 11 points 10 months ago (3 children)

Who exactly is still buying these things? Fool me once, shame on you, but fool me one hundred times...

[–] meco03211@lemmy.world 13 points 10 months ago

My only guess is that it's people who think they can get in and out before the dump. Beyond that it's got to be just pure unfiltered ignorance.

[–] n3m37h@sh.itjust.works 2 points 10 months ago

A foolded man cant be fooled again!! - G.W. Bush

[–] n3m37h@sh.itjust.works 8 points 10 months ago

You fucking RETARDS will never learn will ya???

Ya got what ya deserved, fucking idiots

[–] sirico@feddit.uk 6 points 10 months ago

First time this sort of thing has happened.

[–] TheDemonBuer@lemmy.world 4 points 10 months ago* (last edited 10 months ago)

Step 1: pump
Step 2: dump
Step 3: profit