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Sunday, May 29, 2022

Buttcoin vs. Do Kwon

/u/Amelie007Cryptocurrency News & Discussion https://ift.tt/fSsD9V1

I think by now we've all heard about Do Kwon's revival plan — from the ashes of the old Luna and into the 'totally-not-a-rug' LUNA 2.0

Allow me to do a deep scatological analysis on which one of the two might have more value (tl;dr they are both shit)

1st ROUND:

  • Buttcoin is a peer-to-peer butt, meaning that no central authority issues new butts or tracks butts.
  • Luna 2.0 is all centralized in one man's arrogance, we call it the rug-to-rug protocol or the Do Kwon module.

Winner: Buttcoin. Yes, it's shit (just like Luna or new Luna) but at least it's decentralised shit.

2nd ROUND:

  • On the one hand we have the new Luna, which is backed by the very same things that made the previous one a total failure.
  • On the other hand we have Buttcoin, which is backed by 'comedy gold'.

Winner: Buttcoin. Because it is backed by something, and we all know laughter is something, especially if it's worth it's weight in gold.. albeit 'Comedy Gold' which is essentially worth nothing.. kind of like Luna (but with laughter)

FINAL ROUND:

  • Buttcoin is not actually a coin.. nor a token, and it's worth nothing because it doesn't exist (nor should it ever exist)
  • Luna 2.0 you can buy and it has value (at least for the time being of course)

OVERALL WINNER: Buttcoin (it's always a better idea to invest nothing in something that is truly worth nothing)

submitted by /u/Amelie007
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