I hear people all the time on pro-Bitcoin insist that there is a fundamental difference between BTC and meme coins … But I don’t see any. What am I missing?

Here to listen not argue. One of the main perceived advantages I have found of Bitcoin is its decentralised nature. Bitcoins fixed supply and lack of central authority prevents it being manipulated and losing value like fiat does as supply increases and trust and decision making power is given to governments.

I know you likely have an argument against this, so I would like to hear it.

Trump recently tweeted a threat against the BRICS nations about not replacing the dollar with “new currency”… wait until he figures out Bitcoin is a threat to the dollar and goes on offense against it. MicroStrategy and Bitcoin will uncoil and crash in the ugliest of manners.

https://preview.redd.it/rpa7bmk40jge1.png?width=1080&format=png&auto=webp&s=292de49657425b510794b90c6e19b7d4ae5ee36c

web3 is going just great : DogWifTools, a set of software tools, was popular among memecoin creators for rug pulling unsuspecting traders. It enabled token creators to hide supply control and fake trading activity.

Due to poor security by the software developers, attackers added a remote access trojan (RAT) to the DogWifTools release. Once downloaded, the trojan scanned infected devices for crypto private keys, login info, and other sensitive data. Attackers also used scanned ID documents to create Binance accounts. Ultimately, around $10 million was stolen from would-be scammers.

Bro gave me enough Marlboro Miles for the rugged camo beer cooler so there might be a few new shitcoin posts incoming.

The creator admitted to not knowing what a quantile regression is, relying on ChatGPT, and then just moving the curves around to make them look nicer. I don't know if I should laugh or cry.

In all honesty I know very little about Crypto because the whole thing has always seemed like a scam to me and I wasn’t interested in learning much about it. Recently met someone who apparently started a crypto exchange out of Toronto that now is making $80000 a day off fees from sales. One founder lives in Dubai to not pay taxes obviously. I haven’t been able to find any information about what the company is called and was wondering if any here knew? I forgot to ask the name when I was with him.

Edit: I don’t want to buy crypto

One of my good childhood friends has gone down the rabbit hole of this upcoming game called "Wilder World" and I think he may have ruined his life financially over it. I am trying to get him to change course before it is too late.

He fully believes WW will be the next game everyone, worldwide, will be playing. He believes people will be living second lives in this world like Ready Player One, eventually having it be people's primary income source, and that it will make millionaires out of anyone early to it. He's invested most of his life savings into buying "property" and vehicles in WW. From his own mouth, he has dropped $40k+ into it, and I believe he is likely watering that number down because he acted a bit cagey when talking about it. I was even more shocked by this when I asked him to show me the property, and he said the game isn't out yet. It's just a super basic racing game at this point. He claims they're working with something called the "MetaGravity Engine" which has solved the problem limiting server player count size, and there will be "hundreds of thousands or millions" of players in the game all on a single shared server.

I looked into the MetaGravity Engine and at best it just looks like another Web3 scam - there's no verification of this technology outside of their own claims, the short videos they do release show "players" behaving remarkably like simple AI bots - just running in straight lines. It just sounds like a totally too good to be true bullshit claim.

The more I dig into this the more vague hard details become, as with all crypto scams. There's scant little concrete info online about Wilder World or MetaGravity outside of their own sources. The WW sub has only 287 (yes, 287, not 287k) followers. All of the info seems to come from what little is on their website or from their private Discord servers.

To be clear - I KNOW this is a scam. I am just simply looking for ANY tangible proof I can show my friend to convince him to stop dropping everything he earns into this game that does not even exist. Or just if anyone can put it more eloquently than I can why this is likely a scam. TIA.

EDIT: Thank you all for the advice! I gently approached my friend about it, but it did not go well. I just said it's risky putting that amount of money into a videogame and asked if he has a back up if this does not pay out, stayed away from the crypto and NFT side of things or calling it a scam as many of you mentioned that would not go well. He said I don't see the vision of it all and that I don't understand how crypto and NFTs are the direction everything is going. He said that this game is going to be the future of everything and that he's trying to do me a favor by letting me in on it from the beginning but that I just don't grasp how big this thing will be. Ended with a sort of spiteful "well, you'll get it eventually when everyone else is racing to get in." I just changed the topic and now I do not think there is any way to get through to him.

https://preview.redd.it/a6cb92rrkdge1.png?width=1160&format=png&auto=webp&s=38cd0d1495f87a26876c2bd76add739d62974914

What is the proposed end game of Bitcoin? It's so strange to me that so many people seem to believe it'll just go up and up forever, and that this will be because of the limited supply and deflationary nature of the token, but when you ask them what the end game is, no one seems to know. I agree, that it could likely go up in price for a while, but there is a reason you never hear people like Michael Saylor address where this is headed. What happens when BTC is fully mined or distributed? What then? It's already been observed that BTC is too slow to be a payment system. So what do people expect BTC to be once they reach the end of the road?

"The south sea company insiders pursued a ruthless campaign of bribery – where the company's cashier Robert Knight allocated free shares to any politician or grandee who could help close the deal. I'm sure this scale of corruption is shocking to modern day listeners – who can't imagine a scenario ... "

"Well, John Blunt and the directors of the South Sea company understood very clearly - that the entire success of the scheme depended on pushing the stock price higher and higher - so they did everything they could, starting with bribing politicians and anyone else with influence. ... "

"Robert Knight – the company cashier who had kept record of all of the company bribes to politicians – fled the country taking his records with him. A bit of a show was put on about trying to extradite him, but I don't think anyone in parliament wanted his book of bribes being made public. "

"The amount of bribery that had occurred was staggering – 1.7 million pounds in bribes and 1.8 million pounds in company loans had been distributed amongst almost two hundred members of both houses of government."

https://www.focus.de/finanzen/boerse/us-praesident-will-bitcoin-reserve-professor-kontert-trump-vorstoss-kein-grund-warum-notenbank-bitcoin-halten-sollte_id_260668284.html

It is an article from Germany, so you may use a translator.

TLDR: There is also a limited amount of rusty nails therefore Bitcoin has no fundamental value.

Bunch of retards speculating and thinking they'll be the next millionaires

You know how those guys want to buy and hold bitcoin? They will eventually buy all remaining bitcoin and it will lose liquidity. And when currency lose liquidity it become worthless