They take your money with pieces even

Photo-illustration: Intelligence; Photos: Getty Images

Remember Hawk Tuah coin? I hope not. But cryptocurrency was launched at the end of last year by a viral phenomenon Hailey Welch was a perfect example of the way in which the memes parts are what we often work: a person with a public platform announces a new token, and the first buyers rush and see the value of their “investment” in arrow like others buy later. Finally, someone who bought cheap and early sales, making a stupid amount. The value of the room collapses and everyone ends up with virtual nothing. This is called a Carpet. Welch ruined her public good will won by making jokes on oral sex when she was encroorded in one of these programs that have erased some $ 465 million in value concocted quickly. Have some people lost money? Yes, but most of them had a risk tolerance so high that the average person could not consider feeling bad for them. Everything was at least a few Fun for those outside in search of it.

The world of pieces even is much less fun a few months later. When Donald Trump was re -elected, crypto enthusiasts expected That a sympathetic white house would help stimulate the value of Bitcoin and other line cryptocurrencies. But even if this pro-Crypto administrator is Already delivery on promises to relax on government regulationsBitcoin and other coins are short-term underperformative expectations. (This is partly due to a Massive cryptocurrency hack Friday.) But in recent weeks, the history of cryptocurrency has been how shitted the shit are crap in the United States and beyond.

Javier Milei, the president of Argentina, embarked on a libertarian crusade against the state which helped the actions to hover while provoking the country rate of poverty exceed 50 percent of residents. The day of Valentine’s Day, Milei posted on X on a play of memes called $ libra, promoting the project as a recall program for Argentine companies. In reality, it looked more like a carpet traction with the market capitalization of the room reaching $ 4.6 billion before certain key investors withdrew with the north of $ 100 million in profits. Almost everyone was burned. Milei has denied the reprehensible acts, but the opposition coalition is now forward with a long -term indictment measure.

The creator of the Balance Corner $ is an American named Hayden Davis, a 28 -year -old man who sold Supreme brand oreos And removed his online presence following the scandal. The day after the collapse of the currency, Davis published a video in which he wore a Hoodie $ 800 And said he was not at fault. He then did an interview with the Crypto Youtuber Coffeezilla explaining that the world of the same -cooking is an “unregulated casino” – and admitted to the team behind the launch of Melania of the first American lady earlier This year, which was also Accused of being a traction carpet. Davis, who could not be joined to comment, also said that he was in possession of the $ 100 million.

Is it still stupid enough for you? Otherwise, this story also involves Dave Portnoy, the donation of Barstool Sports, which likes to adapt to crypto and day when its favorite sports are not on. (Most of this took place in a window in February when there was no NBA or NFL on television to keep it busy.) On February 17, Portnoy poster An interview with Hayden Davis after being allegedly refunded For the millions he lost in the disorder of $ balance. Davis told Portnoy that the $ 100 million in question were “definitively Argentinian”, whatever it means.

He was taking notes. On February 18, Portnoy dropped a cupidity token to highlight “the extreme greed” of the world of the same. He then quickly sold all his actions, earning more than $ 250,000 and causing the price collapse. Then he immediately spear A second piece, $ greed2.

In the middle of rumors that you were going to launch his own meme piece, Portnoy Posted on X Call him the “worse human living” and say that “normal people will be crushed”. The rapper formerly known as Kanye West then published and deleted a video in which he wore a Swastika T-shirt and said Portnoy “played with my money” saying that the launch of Ye Coin was wrong.

The description of this world Hayden Davis as a “unregulated casino” is beginning to seem fairly precise. Unfortunately, this can also underestimate the anarchy of all this. Friday, a user named @mistafuccyou would have Livestream was played with Russian roulette on X after losing $ 500 in a carpet traction. “If I die, I hope you transform a piece of meme,” he said, before pulling the trigger. That night, a room spear. Shortly after, his family launched a gofundme to cover funeral costs.