How can someone invent a crypto coin and market it as a joke and rug pull these stupid buyers and scam them out of their money?
At least with a stock market penny stock, they have to abide by certain regulations and file paperwork and do book keeping a certain way.
With a meme coin like T-r-u-m-p coin or Doge or Shib, they literally have 0 use. Like, at all. You will never in a million years be able to buy groceries with Doge at your local supermarket.
It’s literally a ponzi scheme, a pump and dump. Why are they legal?
submitted by /u/PooPooPointBoiz
[link] [comments]
r/NoStupidQuestions How can someone invent a crypto coin and market it as a joke and rug pull these stupid buyers and scam them out of their money? At least with a stock market penny stock, they have to abide by certain regulations and file paperwork and do book keeping a certain way. With a meme coin like T-r-u-m-p coin or Doge or Shib, they literally have 0 use. Like, at all. You will never in a million years be able to buy groceries with Doge at your local supermarket. It’s literally a ponzi scheme, a pump and dump. Why are they legal? submitted by /u/PooPooPointBoiz [link] [comments]
How can someone invent a crypto coin and market it as a joke and rug pull these stupid buyers and scam them out of their money?
At least with a stock market penny stock, they have to abide by certain regulations and file paperwork and do book keeping a certain way.
With a meme coin like T-r-u-m-p coin or Doge or Shib, they literally have 0 use. Like, at all. You will never in a million years be able to buy groceries with Doge at your local supermarket.
It’s literally a ponzi scheme, a pump and dump. Why are they legal?
submitted by /u/PooPooPointBoiz
[link] [comments]