Yan at Swan
@skwp
co-founder & CTO @swan. Author Inventing Bitcoin. Shadowy Super Coder.
Joined December 2006
3.4K Following 40.5K Followers
This “dollar” coin has an uncapped supply and monetary policy that is regularly manipulated. Buyer beware.
When shitcoins begin to die, the insiders will usually buy it back to try to fool more bagholders to buy into a pump.
The US Treasury is trying this with its shitcoin today, but the bond market isn't impressed, barely moving 3 bps after 3 hours.
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