>>764801
>And another thing while we're at it, what the fuck is the point of this system?
The point of shitcoins (to include buttcoin) is to prey on the natural tendency of people to be illogical about 'free' things. Behavioral economists have shown that people stop making good economic decisions when things are or appear to be free.
If you tell a sperglord that he can have free things that one day might be worth something, but only if other sperglords also want the free thing, he will begin mining shitcoins and also begin evangelizing everywhere on the internet to encourage other NEETs.
It's a nerd pyramid scheme.