4 ms·
stevey already made $300K from cryptocurrency grift on Gas Town. Read his blog post about it.
by lupire 9mo ago
stevey already made $300K from cryptocurrency grift on Gas Town. Read his blog post about it.
- wahnfrieden 9mo agoComplete with a "Let’s goooooooo!" And FOMO stories about missing out on Bitcoin when he knew about it, so he doesn't want you to miss out on this new opportunity to get "filthy rich" as an "investor" while you still can.
- wahnfrieden 9mo agoMore details on the pump and dump scheme he joined in on promoting and drew money from: https://pivot-to-ai.com/2026/01/22/steve-yegges-gas-town-vibe-coding-goes-crypto-scam/ https://pivot-to-ai.com/2026/01/22/steve-yegges-gas-town-vib...
- JasonADrury 9mo ago[flagged]
- meowface 9mo agoBecause you'd be aiding and abetting a pennystock scam.
- JasonADrury 9mo agoThe difference between bags.fm and pennystock scams is that bags.fm is very obviously not marketed as an investment, but a crowdfunding tool.
- wahnfrieden 9mo agoYegge write a blog post for his readers where he called it an investment and hoped the investors would get “filthy rich”.
- meowface 9mo agoIt's absolutely marketed as an investment, and solely used and referenced by people saying it is an investment. This is like saying those cannabis paraphernalia shops are marketed as only for tobacco.
- victorbjorklund 9mo agoBut people do. There are people who genuinely think crypto is an investment. Yes, smart people knows it is just a grift and that it is just about selling it on to the next person before it crashes. But is it moral to make money on stupid people? Many people lose all their money on gambling even if we always known gambling is a loss.
- JasonADrury 9mo ago> There are people who genuinely think crypto is an investment. Sure! Are those people buying bags.fm tokens? Probably not. This isn't even marketed as an investment https://bags.fm https://bags.fm but a crowdfunding tool for developers with a casino attached. You don't have to be smart to read the big text on the website.
- deleted 9mo ago[deleted]
- wahnfrieden 9mo agoYegge write a blog post for his readers where he called it an investment and hoped the investors would get “filthy rich”.
- meowface 9mo agoYou don't have to be smart to understand they're very, very, very obviously saying it's an investment and using extremely superficial cover. All things like these are exclusively pennystock scams. You're being bamboozled. Google the name of it. Search it on Twitter and 4chan. Watch any Coffeezilla video.
- JasonADrury 9mo agoI'm googling "bags.fm", everything I can find is about money going to creators. Literally nothing suggesting that you're going to get rich by buying these tokens. Searching for "bags.fm" on X with keywords like "invest" or "rich" or "moon" also does not seem to return any conversations referring to anyone but the creators getting rich. I can't find any bags.fm references on 4chan, and searching for gas town instead doesn't seem to bring up anything cryptocurrency related in the archive. > You're being bamboozled I don't think so. I suspect the world is so full of crypto scams that when someone does something explicitly non-scammy ("Hey, here's a crypto thing you can use to give me free money!") people still incorrectly view it as scammy because of crypto. How many memecoin "investors" do you think view these as serious investments? I suspect essentially none of them. How many memecoin "investors" are degenerate gambling addicts who need treatment? Probably most of them. Taking money from vulnerable gambling addicts is certainly not ideal, but it's far from scammy.
- jaapz 9mo agoWhy is it hard to criticize people for being part of a scam operation? It's so morally and ethically bankrupt that it's really easy and valid to criticize someone for
- JasonADrury 9mo agoWho is being scammed? The only people buying into tokens as obscure as these are degenerate gamblers who know very well that it's not any kind of an investment.
- jaapz 9mo agoThat sounds like victim blaming to me
- JasonADrury 9mo agoIt's not a scam, there's no misrepresentation. This very clearly isn't marketed as an investment of any kind https://bags.fm https://bags.fm https://apps.apple.com/app/bags-financial-messenger/id6473196333 https://apps.apple.com/app/bags-financial-messenger/id647319... The tagline of the app? "Buy & sell memecoins". Transparently advertised as a crowdfunding mechanism using memecoins.
- wahnfrieden 9mo agoYegge write a blog post for his readers where he called it an investment and hoped the investors would get “filthy rich”.
- meowface 9mo agoWhat? Of course it's marketed as an investment. That's the sole thing it's marketed as. Are you not able to lift the thinnest veil imaginable?
- meowface 9mo agoThis initially sunk my heart, but in all his replies there are like 50 very clearly unintelligent crypto grifters telling him he needs to be killed for scamming them, so I am unsure who to root for at this point. It's depressing he accepted it, but I might partially forgive it due to him making a lot of them lose money.
- DonHopkins 9mo agoMOOLLM has its own official currency -- MOOLAH! https://github.com/SimHacker/moollm/tree/main/skills/economy/SKILL.md https://github.com/SimHacker/moollm/tree/main/skills/economy... The official currency of MOOLLM is MOOLAH. It uses PROOF OF MILK consensus — udderly legen-dairy interga-lactic shit coin, without the bull.
- torginus 9mo agoI don't get crypto - just looked up how a couple of most performant stocks did in the past decade, and I'm pretty sure you could outperform BTC with the same amount of risk tolerance. The swings on BTC price are absolutely insane, and ETH even more so (which is even more risky, without showing higher gains).
- cap11235 9mo agoPeople keep giving him the benefit of the doubt. "He's clearly on to something, I just don't know what". I know what. The hustle of the shill. He has long gone from 'let's use a lot of tokens' to seeking a high score. He disgusts me.
- meowface 9mo agoWhat high score?
- torginus 9mo agowhat the? how do you sell crypto based on a description of an orchestration framework? donations?