Enki on Nostr: I forget who said this first, but I definitely agree with the sentiment that at least ...

I forget who said this first, but I definitely agree with the sentiment that at least nowadays Shitcoins are not hiding behind the facade of trying to do something useful. If you're buying shit like Trump coin or hawktua, or pepemoonblaster......You know what you're doing, It's just gambling.

The ICO and Masternode phases had coins that were trying to have utility. So it would be easier for the gullible to get sucked into. "This coin has a future because it's solving XYZ problem, bro. Its not a scam trust me." Was a common naritive.

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nevent1q…9e56

How the fuck are meme tokens a fad in 2025? How are these things any different from the ICOs, the altcoins, the ERC20s? Instead of launching a PoW chain people are literally just minting the dumbest shit they can imagine and people love it.

There are legions of dead altcoins that actually tried (at least in theory) to do something. Meanwhile people are buying DICKBUTTFART unironically.