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McCoy
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2024-10-02 19:14:12

McCoy on Nostr: Two methods by which non-Bitcoin utility tokens seems to “don’t die” i.e the ...

Two methods by which non-Bitcoin utility tokens seems to “don’t die” i.e the slow rug pull fleece:
1. Keep getting VC money, Solana
2. Become a Stable Coin, backed by USD, tether. (US needs someone to buy their debt)

I say bleed them both out: VC looking to rug without creating value and USD - dying world reserve currency
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npub18y33vpqmudzm9wk9cnglgnrhqyu96c4l4tr59k2zw0gs5ep5a2kqjqx5t7