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DoomPosting
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Degens Deteriorating
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DoomPosting
Now, to the question we started all of this to answer, — Is the Hayden Davis’ “we’re here to max extract” draining of memecoins true “capitalism” by any good, concrete definition? For this, I’d cite one of the most classic central rules of so-called capitalism:…
And no, memecoin bets as a whole never were automatically “bad bets”

e.g. pure memecoins like $BOME and $PNUT and others still an incredible ~70x+ above presale price or where we originally bought them, to this day, even after gigantic crashes of the market as a whole

Hayden Davis’ coins were covertly bad bets because he intentionally planned to quickly destroy them, with a plan that definitely would quickly destroy them — something absolutely not universal to memecoins as a whole

Hayden Davis was a clear extractive destructive “sociopath”, as the Mops article points out

Want to hear about another, from the 2014 memecoin wave?

— Look up Ryan Kennedy, a “sociopath” that was incredibly successful at being extractive and destructive to the Dogecoin community, so much so that he literally acquired and instantly drained the #1 altcoin exchange of the time, Mintpal

Nothing new under the sun

— When you pretend these extreme “sociopath” drainers are just normal guys doing normal business, you’re being exactly the kind of clueless idiot the mops article talks about, totally clueless about the real reason and means by which the movement actually got destroyed

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DoomPosting
And no, memecoin bets as a whole never were automatically “bad bets” e.g. pure memecoins like $BOME and $PNUT and others still an incredible ~70x+ above presale price or where we originally bought them, to this day, even after gigantic crashes of the market…
“The sociopaths loot whatever value is left, and move on to the next exploit. They leave behind only wreckage:”

“Devastated geeks who still have no idea what happened”

= If you call what sociopath guys like Hayden Davis or Ryan Kennedy do “just capitalism”, or similar

— Then you’re being exactly the kind of clueless moron the Mops article warned about

Nothing about what the “sociopath” dudes do is just “capitalism” as “normal” in any way

What’s more, it’s NOT actually inevitable, movements can overcome and survive the sociopaths, as the same article points out

The sociopath types are a tiny extremely distructive minority, who must be called out for what they truly are, instead of painted as just normal and acceptable. Many movements have done this successfully, and sometimes it also requires new tech or tools

— though it’s not easy

Alright back to news

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Apparently some other celebrity just launched a pumpfun coin — though seems they’ve now deleted their account

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55 million people are here on visas. 55 million

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Elon become old elon again - we need to get to mars

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"well i'm proud to be an economic zone, where at least there's GDP

and i won't forget the 1 in 6, who are here on H1b"

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Experienced skydiver deliberately jumped to her death day after breakup with partner, coroner confirms

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Trader 0x2611 is down over $1.85M on his $ENA long.

To avoid liquidation, he deposited another 1.7M $USDC into Hyperliquid 4 hours ago.

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Ye leaving crypto market today

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2025-08-21, 23:59 UTC

489 days after halving

Current: $112,347.10

2012 scaled: $2,476,782.57

2016 scaled: $647,519.02

2020 scaled: $333,902.90

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