logoalt Hacker News

sailingparrottoday at 12:35 AM1 replyview on HN

> someone else creates a coin named after him, offers him trading commission to talk about it and then makes money off the hype

And we are supposed to believe that someone deep in tech, in 2026, did not know this was going to be the end goal? Was $GAS supposed to be a crypto to help fund poor farmers in Burundi or something ? How else is the meme coin #16352813 supposed to end? That’s the entire point of meme coins.

Would love to also « get sucked » into making 300k$.


Replies

nltoday at 2:04 AM

> Would love to also « get sucked » into making 300k$.

Exactly.

It seems harmless - "look, we have this token, it is being traded anyway, do you want to get some of the emissions?"

Who wouldn't say "yes" to that free money.

But it's not clear at all how corrupting the crypto scam is, and how subtly the corruption seeps into what you do. It starts by "oh can you just tweet out about this" and you are "sure - it's just a tweet" and slowly grows.

Steve Yegg deserves credit for walking away from it.