I'm looking at the dozens of cryptocurrencies listed on coinbase

This is the ultimate form of capitalism. These things are scams, of course, but cloaked in technical language: they're all competing to solve problems that don't exist!!
how many fucking "stablecoins" pegged to the US dollar do you need for your house-of-cards ecosystem? You'd think there'd be a natural monopoly with US Dollar Coin, which is supported by actual banks, but no, there are cryptocurrencies made to support platforms for "stable" ones
unless I'm wrong, US Dollar Coin appears to be one of the only ones that's reliably backed by real fiat money, instead of imaginary wispy cloud-of-smoke fiat money
there was Tether but it turns out they didn't have enough real money to back the fake money they issued and now it's delisted from Coinbase
have they made a cryptocurrency backed by weed yet
This is fucking nothing! This is nothing! They don't do anything! They're imaginary tokens that suck up electrical power and make a number go up and down!
If you create a cryptocurrency past this point you should be fucking exiled
If your cryptocurrency solves a problem that wouldn't exist if cryptocurrencies didn't exist, you should be marooned
Introducing Tokiate, the first decentralized smart contract exchange-financed token backed by REAL FENTANYL
the only reason these things haven't been obliterated by high frequency trading is because a single HFT trader would destroy the ability of any of these networks to function, by using up all the compute power that runs them, or otherwise hitting limitations on the software
there should only be one cryptocurrency and it should act as decentralized paypal, not consume a lot of electrical power, and do NOTHING ELSE.

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