Newsletter #189 - Memes To Numb The Pain

Yo Shitcoiners,

We won’t talk too much about the markets this week. We imagine you all need cheering up. Before we dive in here are some relevant memes that may make you take a long look at yourself in the mirror.

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This market is unforgiving but it’s important to know who you are up against sometimes. You might make it.

A Vitalik lookalike took over our timelines this week as it became clear why Ethereum hasn’t merged yet.

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Wondering what a real alpha looks like? We rest our case.

FTX are Solana’s biggest fans. They pretty much own a stake in every company in the ecosystem. However, they had a bit of downtime last week.

Matthew is a big Solana ecosystem investor. He had some advice for the virgins.

He also went head-to-head with Zane. Here’s how it played out.

Zane’s a good sport. This proposition seems quite fair.

Meanwhile Cobie was shilled an NFT of himself. He did not approve.

And then he did.

On the topic of NFTs, BAYC land sales happened and boy did it burn a lot of ETH.

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BAYC holders are doing quite well financially. Are they getting laid though?

Probably not.

This guy definitely won’t be anymore.

NFTs are being used a collateral now. Would you pay the 21% for that loan? It feels a little steep.

Art Blocks probably can’t be utilised for collateral as Pepe demonstrates in this next video.

What happens when a crypto fund decides they want your domain? One man found out.

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Crypto Twitter responded. Ledger had some strong words.

However, we might not have got the whole story…

DeFi company Juno had a bad week due to a typo. They just flushed $36 million down the drain.

Decentralized Finance is tough to keep up with, there’s always something new to learn. These next two examples might tell you it’s a better idea not to learn about it at all.

Over in Africa, The Central African Republic adopted Bitcoin as legal tender. You know what’s next.

It’s come as quite a shock to learn that the IMF don’t like this development.

US regulators are not big fans of Bitcoin either. Here’s Max Keiser calling out Gary Gensler.

Michael Saylor is often seen on media outlets preaching the Bitcoin gospel. It’s a tough gig but someone’s got to do it.

So we just covered the IMF and their thoughts on The Central African Republic. Weirdly enough they like DeFi.

As bad as your portfolio is looking remember that you have it pretty good. Send Assange home.

That's all for this week. Follow Andreas on Twitter and stay up to date with us @Shitcoindotcom too. See you next week!

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Team Shitcoin.com