TechScape: They used my identity to flog a doomed cryptocurrency - and then things got weird | Cryptocurrencies | The Guardian - 0 views
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dr tech on 03 Jun 22"Gambling on shitcoins takes the subtext of much of the crypto space and turns it into the entire purpose. There is no pretence, here, of anyone banking on widespread use, or of the coins having a purpose. The game is to find one that will go up, buy it cheap, push it as hard as you can to others, and then cash out at the top. The community takes phrases usually associated with financial crime - "shilling", "pump and dump", and so on - and wears them like a badge of honour."