Post
Topic
Board Beginners & Help
Re: What is the hope of Shitcoins?
by
jumptheramp
on 19/02/2025, 19:54:15 UTC
It's simple.  The hope is to drive value to the token temporarily so that the central entity behind them can extract (scam) as much money as humanly possible from the community.  99.99%+ of altcoins/shitcoins have this sole purpose, even when they're painted as solutions to something.  The faster participants realize this and find Bitcoin, the better off they (and we) all are.