Watermelon Woman from Brazil, a potential Buttcoin advocate.
It’s all fun and games, until someone loses a bank account or two.
The financial trajectory of bitcoin – the unregulated digital coinage – has taken its exchange rate above $200.
Still, what goes up, must come down; the rush from all this alleged independent strength of electronic money with no central bank, would dissipate if the bitcoin prices suddenly deflated.
Such a deflation would punish many that invested heavily in a trend. When the rewards are high, the loss risk is high as well.
Enter, the Buttcoin.
“Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts. These tasks are managed collectively by the network. It’s like a bitcoin, but with butts instead.”
Buttcoin is thus ripping bitcoin, in an epic description of how the latter came to life:
“Bitcoin – It’s like WOW gold without any of the fun. If you’ve had a life and decided that spending tens of thousands of dollars on out-of-date video cards was a bad career choice, you’ve probably never heard of Bitcoins. Bitcoins are a decentralized, anonymous P2P “currency” created for Internet Libertarians and Nutjob Conspiracy Theroists who think that just because the US Dollar isn’t backed by gold anymore that somehow that makes the $15,000,000,000,000 economy backing it worthless. So these smelly shut-ins decided that they needed a new currency to buy things like beef jerky and fleshlights with. What better man to create Bitcoins, than a mysterious Japanese man named Satoshi Nakamoto.”
Read the rest of this fun Buttcoin experiment here. 😀
This post is 100% true!
