TikToker makes ‘scamcoin’ as a joke and within an hour it’s worth $70M

Re:TikToker makes ‘scamcoin’ as a joke and within an hour it... by ryanSrich on Wednesday April 28, 2021 @11:35AM (#26970567)

I have no problem with this. Why are people so negative in the comments here? What's the alternative? To stop someone from creating their own currency? Why? I don't need a regulation to protect me. Neither does anyone else.

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Re:TikToker makes ‘scamcoin’ as a joke and within an hour it... by dkjaudyeqooe on Wednesday April 28, 2021 @12:07PM (#26970948)

If people are free to create their own currency we're free to mock them.

Apparently you seek some sort of regulation to stop people writing mean things.

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Re:TikToker makes ‘scamcoin’ as a joke and within an hour it... by ryanSrich on Wednesday April 28, 2021 @12:22PM (#26971147)

> Apparently you seek some sort of regulation to stop people writing mean things.

Apparently questioning why people are being negative = seeking regulation to stop them? Come on man.

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Re:TikToker makes ‘scamcoin’ as a joke and within an hour it... by MomoXenosaga on Wednesday April 28, 2021 @01:10PM (#26971725)

Depends. What if people lose all their money and become homeless? Ever wondered why governments save failing banks?

I am just not entirely convinced that when shit hits the fan people will quietly take responsibility for their actions.

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Re:TikToker makes ‘scamcoin’ as a joke and within an hour it... by ric2b on Wednesday April 28, 2021 @05:36PM (#26974531)

> Ever wondered why governments save failing banks?

Indeed I have, why not just take them over and reimburse their creditors instead?

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Re:TikToker makes ‘scamcoin’ as a joke and within an hour it... by DickingAround on Wednesday April 28, 2021 @11:49AM (#26970745)

Yea, just people being silly. They can do what they want with their money. And it doesn't look like anyone actually invested $70M worth of human effort there; it's just illusions of the market cap metric.

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Re:TikToker makes ‘scamcoin’ as a joke and within an hour it... by bitcoinmonger on Wednesday April 28, 2021 @11:50AM (#26970759)

It's safer for everyone if government controls the currency we use.

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