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Teen creates memecoin, dumps it, earns $50,000 (arstechnica.com)

submitted 2 weeks ago by shoulderoforion@fedia.io to c/technology@lemmy.world

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Unsurprisingly, he and his family were doxed by angry traders.

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[–] BakerBagel@midwest.social 21 points 2 weeks ago (1 children)

I have to use USD to pay my taxes, and if I don't pay my taxes i go to jail. Cryptocurrencies aren't used for anything other than financial speculation

[–] macarthur_park@lemmy.world 21 points 2 weeks ago (1 children)

Cryptocurrencies aren't used for anything other than financial speculation

Typical anti-blockchain crypto bashing.

Cryptocurrencies have plenty of uses besides speculation. For example, buying drugs and a plethora of scams.

[–] hono4kami@pawb.social 3 points 2 weeks ago

ya got me right there