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>a group stood in a circle debating what had gone wrong with crypto. One guy blamed the large amount of “fluff” in the market, because anyone could spin a toke
by Trouble_007 3y ago
>a group stood in a circle debating what had gone wrong with crypto.
One guy blamed the large amount of “fluff” in the market, because anyone could spin a token out of nothing.
Hence, 'dogey coin' aka 'Dogecoin'
[1]>Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer,
who decided to create a payment system as a "joke", making fun of the wild speculation in cryptocurrencies at the time.*
[1] Dogecoin : https://en.wikipedia.org/wiki/Dogecoin https://en.wikipedia.org/wiki/Dogecoin
Greater Fool Theory : https://en.wikipedia.org/wiki/Greater_fool_theory https://en.wikipedia.org/wiki/Greater_fool_theory
Tulip Mania : https://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania
Ponzi Scheme : https://en.wikipedia.org/wiki/Ponzi_scheme https://en.wikipedia.org/wiki/Ponzi_scheme
'Fool Me Once, Shame on You! . . . Fool Me Twice...'
'foreWarned is foreArmed' : https://en.wiktionary.org/wiki/forewarned_is_forearmed https://en.wiktionary.org/wiki/forewarned_is_forearmed
- Trouble_007 3y agoOops! (sp) 'dodgy coin'