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by jazzyjackson 545 days ago
I actually liked bitclout, seemed like it would work really well for artists' fundraising for an album release or a tour etc. featured no-fee "tips" of all sizes right next to the like button and kept users addicted with day trading mechanics tied to artists' popularity. Money flowed freely across borders and moderation was going to be handled by clients.

afaik there was never any rugpull of the base currency, but it turned out to be a platform ideally suited to rugpulling and impersonating celebrities. Plus if you thought drama on Twitter was bad just try pinning your bank balance to individuals' reputations and see how well everyone gets along.