If you thought Internet-meme-based cryptocurrency Dogecoin was ridiculous, then Kanye-West-based altcoin Coinye West will probably just make you angry.
Named after Yeezus himself, Coinye West is set to launch on January 11, at 11pm ET, according to the cryptocoin’s creators, who tell Vice’s Noisey blog that they hope it will help bring the nebulous world of digital currencies into the mainstream.
“Our goal with Coinye West is to make it easier for people to use cryptocurrency,” Coinye West’s unnamed creators tell Noisey. “Right now, it’s kind of a dark art for people to mine coins. We plan on releasing a front end to the “mining” programs called CoinyeMiner. It will make things a lot more simple and people will be able to make their own coins.”
Coinye West’s creators say they chose Kanye as their cryptocurrency mascot because “he is and always has been a trendsetter.” But despite the creators’ enthusiasm for the rapper, West has not endorsed the crypotocurrency, and is apparently no way involved with it – and that could be a problem.
“We’re really not sure how Kanye is gonna react to this,” says Coinye’s creators. “We hope he loves it, but if he doesn’t, he really isn’t someone we want to piss off.”
Coinye West is only the latest so-called altcoin to launch over the past year. Some, like Litecoin, trade at a fairly high value – though nothing close to the $750+ exchange rate Bitcoin currently enjoys. Most wallow in the fraction-of-a-penny range – a place where Coinye should probably get comfortable.
Related Posts
Uber wants to drive you straight into ski season, literally
The vehicle options include Uber XL (fits two passengers with gear) and Uber XXL (fits four with equipment), and can be reserved up to 90 days in advance.
Grab This Professional Ionic Hair Dryer for Only $24.99
A good hair dryer should be fast, lightweight, and gentle enough not to fry your hair. The NEXPURE 1800W Professional Ionic Hair Dryer checks all those boxes. Right now, it is heavily discounted down to $24.99, a big drop from its usual $88.99 list price, which makes it one of the better value-focused hair tools you can pick up today.
ChatGPT finally fixes the em-dash habit, because punctuation matters
The update addresses a long-running complaint that ChatGPT’s heavy reliance on the em-dash made its output look "bot-written."