When bitcoin plunges, Buttcoin cheers: the online community praying for the end of crypto
A Reddit subforum for people who are horrified by the proliferation of crypto scams and pyramid schemes pokes fun at cryptocurrency As bitcoin plunged below $20,000 in mid-June, many cryptocurrency users were distraught over massive losses with some reporting they had lost their life savings. But one corner of the internet was cheering: Buttcoin,