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Replying to Avatar Vitor Pamplona

I am starting to think real organized crime is behind many shitcoins. Some stuff just goes beyond the expected rug pulling by first-time influencers.

Why would you scam the elderly in phone calls if you could just launch a meme coin and cash out tens of millions in less than a day of work?

We have been way too lenient towards memecoins as if they were simply "startup investments that didn't work" and the fault is on whoever decided to invest on them without proper diligence.

What if this is more serious? What if coins are being architected by criminal networks simply because they are so much more profitable than any other crime? What if in order to protect their newfound profits they start murdering people trying to stop them?

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PalmTree 🌴 10mo ago

Organized crime is in everything including BTC, where do you think they launder all their profits? Your beloved orange money is dirty. Not more, not less, than any other form of money. Fiat corrupts! BTC corrupts! Shitcoins corrupt! This will ALWAYS be the way...

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Lostdog 10mo ago

A transparent, immutable, public ledger is not the most logical tool to launder money...

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PalmTree 🌴 10mo ago

But it still happens...

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