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Alejandro Vallecilla
e68c016af5b2c28159a0c2c9933c01bd208661225e921fe13ebba9bdd7627040
Chasing that cabin in the woods
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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Alejandro Vallecilla 10mo ago

It's a similar phenomena as the multi-level schemes, specially in developing countries. Desperation makes people want fast money. High time preference

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Alejandro Vallecilla 10mo ago

Not a social network person. Just an IT guy interested in open-source, bitcoin and tech. But after hearing of Nostr from nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m in In Good Company today's episode had to check it out

#introductions

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