Shower thought: The shitcoin universe is pretty much just multilevel marketing at this point.

I recently spent a couple weeks doing a little dive into that shithole of a landscape. Telegram channels, token subs, discord, messenger chat groups. Holy shit. It’s basically just a twenty year old dudes version of multilevel marketing.

You get in early and then everyone you get to sign up after you makes you progressively more wealthy (in theory). And the people you bring on need to bring in more people so they can make money! Because these shitcoins have ZERO utility, the only hope to make money is by hyping people up that they can also make money and that it’s “still early!”

And because of all of the crypto millionaire stories everyone’s heard, everyone who gets into a coin early thinks that could be them and so they froth at the mouth telling anyone who will listen how incredible the coin is even thought they can’t actually explain WHY THE FUCK THE COIN EXISTS IN THE FIRST PLACE.

Your shitcoin is going to make you as wealthy as that chick from high school that massagers her friends about her green cleanse.

No one needs your green cleanse Alicia. There’s a vitamin shop a mile away. Why does your product exist. TELL ME WHY IT EXISTS!