Odd Lots

Someone Just Named a Cryptocurrency After Me in Less Than One Hour

Joe Weisenthal Has a Digital Coin Named After Him
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This morning I wrote about how, with decentralized exchanges, it’s trivially simple for someone to create a new coin and get it listed.

See, it used to be in prior crypto booms that if you wanted to create your own coin, you had to do some development work. And then you probably had to pay a fair amount of money for some exchange to actually list the coin, so that it could be traded for money. But in this new world of decentralized exchanges — where the trading happens on a blockchain itself — there’s no gatekeepers and no listing fees. You just create the coin by copying and pasting some code, tweaking a few things and listing it.