Ticker: $renter
CA:
The Manifesto
Dear Renter,
Why are you—a fully grown adult with a job—still renting?
Because government.You see, governments around the world are balls deep in debt.When you or I get into debt, we have to pay it off. We have to tighten our belts, embrace austerity, suck it up, work two jobs, forget having fun, pause life, and pay it back. Interest and all.But when they get into debt, they just print more money to pay it off.There's zero accountability.If you've been in crypto a while, you'll understand why the money printer keeps people renting.But if you're new around here, let me explain what's going on.And how fucked you really are :)
When governments print money to forever delay paying back their debt, the fresh new bills in the system end up chasing the same few scarce assets.Assets like gold, bitcoin, art, and homes, all get more expensive.But, the increasing value is just an illusion.You see, when the extra money chases the same amount of real estate, those homes look like they're going up in value.The truth is that your freshly inflated currency is going down in value.Your money is becoming worth less, which means you need more of it to buy the same home.And none of that new money ends up in your wages.Your dream home stays a dream.
It was OK for boomers who enjoyed a much smaller ratio between their wages and house prices.They could afford a nice family home in a safe area on one salary. Today, not even two good salaries are enough. What worked for boomers won't work for you.You can't just sAvE mOnEy because every year you lose 8% to money printing and at least 3% to inflation.It would take a lifetime to save a six figure deposit just in time to find out you need a seven figure deposit.So, you're forced to take bigger risks just to find the returns that give you a shot of owning a home.The reality is you have to become a professional financial trader on the side.
But, even investing in the S&P500 won't help you.The 10% rise in the S&P500 isn't even enough to offset the money printing and inflation.Meanwhile, house prices rip higher.So you entertain stock picking, thinking you'll beat the market when pros who read 10-Ks don't even beat the market.Eventually you slide further out on the risk curve and find crypto.Welcome friend.But Bitcoin won't save you. It can't. It's already made its biggest moves.Yes, it might 5x from here but even if you get a 5x on $10k, what home are you buying with $50k?It's not even enough for a deposit. You're still screwed.
It's no wonder people like us are hanging on by our fingertips to the very edge of the risk curve looking for the elusive 100x in the latest dog derivative shitcoin.We have to.We need a 100x to get back from the government what they're stealing from us.We have to turn that $10k into a million.
By continually printing money governments are keeping life's basics from us.Shelter is at the very bottom of Maslow's Hierarchy of Needs along with air, food, and water.Yet, a home we can't be kicked out of remains out of reach. We may become self actualized before we ever put down roots.Nah, we have to accept a landlord, rent hikes, zero control, and the fear of being kicked out at any moment.Of course we're not starting families. And those of us who do are permanently financially petrified.
Well fuck all of that.
We'll meme homeownership into existence, instead.
We can't save in cash.Or invest in the S&P500.Or pick stocks.We missed Bitcoin at $300.And Ethereum at $30.And Solana at $3.Our only shot at homeownership is running a memecoin to a hundred billion dollar market cap.So let's do that.
The ticker?
$renter
A memecoin dedicated to taking people from renters to owners.Here's the two step plan:1. Buy low
2. Sell high
We'll run this damn thing to a one hundred billion dollar market cap.How?
Buy $renter and hold it.Get your friends to buy $renter and tell them to hold it.Get your work colleagues to buy $renter and tell them to hold it.Post about $renter on X, TikTok, IG and tell people how fucked they are. Send them to this page to explain why they're fucked and why a memecoin is their only hope.We'll create an army of renters so monumental, they won't be able to ignore us. They'll write about us, about our desperation, and about our crazy solution. They'll mock our actions and, sneeringly, call it gambling.FUCK'EMWe'll embrace it, laughing manically, because memeing homeownership into existence is all we've got left.We'll create a memecoin worth tens of billions so we can outpace the rate at which governments devalue our money and inflate home prices.How dare they.They know what they're doing. They're not oblivious. They pump the system with new money, artificially inflating assets they own, and tell us we need to work harder and save more money.The banks won't lend us enough to play catch up. Meanwhile we pay extortionate rents that pay off all their mortgages.We won't play their games anymore.It's time to meme homeownership into existence and take back what they're stealing from us.
Answers to questions you should ask:
Q. Who are you?
A. Just a renter. A regular guy who's done playing an unwinnable game. I invented a new game to play.
Q. Is ownership guaranteed?
A. Yes, as long as you buy low and sell high.
Q. Are memecoins a safe investment?
A. You don't have the privilege of safe investments. You live in a different time. You can either play safe and rent, or take risk and own.
Q. Who are the team behind $renter?
A. No team. No company. No CEO. Just you and me and an army of pissed off renters.
Q. Which VCs invested in the pre-seed?
A. There wasn't a pre-seed. There are no VCs ahead of you. It's a fair launch for regular people like me and you. VCs can buy our bags later and make us owners, if they like.
99.9% of memecoins die because they don't stand for anything. Yeah, people rally around the-latest-thing for a few days, maybe a few weeks.But when the insiders are ready, they'll dump on you.Very few memecoins have longevity because there's nothing fundamental uniting holders.There's no vision. No mission.$renter is something you can believe in.
Yours sincerely,A future owner
Ticker: $renter
CA:
