The goat weighs in: http://shitco.in/2016/10/09/rare-pepe-fomo-and-the-alt-pump-dump-cycle/.
Talking his book  

Disclaimer: This is not investment advice, and we don’t give a fuck what you do with your money. There are only going to be 21 million bitcoins ever produced, and we’re all in a race to collect as many as possible. If you want to “invest” in some shitcoin pump and dump on a questionable exchange, be our guest

I have proposed that the mining rewards were used in funding development