Samuel
what is unclear to me is what the purpose of a shitcoin is if not rugpulling. like I genuinely don’t know what the alternative is, doesn’t it just mean selling the coins to people like wtf else are you supposed to do with it
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Samuel
@samuel.fm
yeah i mean that makes perfect sense but what I don't get is why people get mad at the rugpuller. like why was hawk tuah girl cancelled
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Tom
it’s just a way to launder an audience’s trust for money. influencers hype it up, say it’s totally not going to be a rugpull and bloviate about the true value of the coin then they rugpull immediately
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Tom
I think Hawk Tuah was kind of vindicated? It seems like she was legitimately in the dark about what was going on with the Hawk Tuah coin
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neko
people can be very desperate and thus gullible. if they have placed their trust in a celebrity who endorses a meme coin, and the only thing they know about cryptocurrencies is that "bitcoin made people rich", then they're easy marks.
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