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232 sats \ 3 replies \ @SimpleStacker 17 Oct 2023 \ on: Reddit F'd up and why it's a great lesson on bitcoins safety. bitcoin
Did r/cryptocurrency actually take Moons seriously? Wasn't it just some playful thing where no one cared too much what happened to it?
I have no idea since I never hanged out there. But if they were taking it seriously, then they're bigger fools than I even thought.
it became a farming circle jerk operation. it mainly served to enrich the mods of r/cryptocurrency since they were the main beneficiaries of the share payouts.
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Well, r/cc was such a cesspool that the only reason to visit it in the first place was to farm moons. Flicking through the posts and comments it seems like a lot of people lost a lot of money.
The sub will probably be higher quality for lack of spam incentives. It'll also be much more quiet, as with all alt-coin subs in a bear market (even r/Ethereum is pretty dead relative to r/Bitcoin).
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this is dogecoin's origin as well, then real life people got real life rich.
everyone wants to ride the wave of the "next bitcoin" to become fiat rich.
looking forward to the looks on everyone's faces when they realize the "next Bitcoin" is Bitcoin.
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