BitMemes

BitMemes are a fake meme currency used by Meme Council Memebers for prestige and also to purchase worthless things.
== History ==
Back in 2018, Meme Lord had limited internet knowledge, just starting to fully understand meme culture in general, thus, he would occasionally task Mike Kachowski with finding certain memes for him as he couldn't find them himself. (This is what dubbed Mike Kachowski as a "rare meme miner".) Thus, one day, on August 26, 2018, Meme Lord watched a YTP; [YTP] Spiηgebill Ρoisoηs Ρotroke's Beαηs, and wanted to know what the end credits song was. Mike Kachowski fulfilled the request, not even 2 minutes later, and sent a "Spongebob theme remix ft. Kanye West" video, which is now removed off Youtube. Meme Lord was so impressed at Mike Kachowski's speed and accuracy that he wanted to repay him, and it was then that he came up with a "Meme Currency", and due to the memeyness of BitCoin at the time, it was appropriately dubbed "BitMemes".
Mike Kachowski was immediately awarded 100 BitMemes, and after earning an additional 10, Meme Lord decided to start a BitMeme bank channel, on 8/28/2018, dubbing it the Meme Bank. However, the channel would be private only to those who earned BitMemes. To get the system going though, Meme Lord invited a handful of higher-up memebers, including Sly Frog Fry, The Rare Meme Lord of Cinder, Grumpy Cat the Elf, and The Booper.
Meme Lord created a Mission Board detailing a list of ways to earn BitMemes, primarily through Meme Bounties. "Killing Jefferson" was put on the list for an award of 100,000 BitMemes. Getting a meme archived, or a message pinned, or reaching certain levels also earned you BitMemes, and these methods are the last methods actively used today.
Originally, the options to view the audit log, amongst other permissions, such as changing nicknames and adding emojis, were sold, but over time it became clear these were unwise and they were removed. Additionally, you could purchase a DQ Blizzard for "7 US dollars", a joke put in as Paddington 2 Woodenscottish and Sly Frog Fry worked at DQ at the time. Today the only things that can be "bought" are Title Roles, which state your monetary status based on several ranks. You kept your BitMemes after reaching these goals, however, so there was not much to spend BitMemes on. 
Thus, rare meme trading was used to spend BitMemes, albeit seldom. While there was seemingly a large amount of ways to earn BitMemes, Meme Lord often rewarding memebers with them for trivial accomplishments or finding stuff, many people still weren't earning that many, thus, Meme Bounties began to become highly popularized, Operation Warner Locker was one of the first Bounties, offering an award of 100 BitMemes as it was initialized on 10/16/2018, and The Rare Meme Lord of Cinder expertly carried out Operation Rabb Locker over a span of a week and got 250 BitMemes.
Sometime around 9/13/2018, Meme Lord also created a channel dedicated to Meme Bounties, for organizing them, reporting on them and completing them. However this channel was very seldomly used and when business got slow some of the Bounties suggested were less-than-pleasant and on 10/19/2020 the channel was deleted after being inactive for over a year and a half.
On 9/17/2019, Meme Lord removed the option to buy additional roles and changing your username color entirely, and on 11/1/2021, Meme Lord opened the Meme Bank to all memebers, as a decent amount of the Council, especially the new memebers, didn't know it or the BitMeme system existed. Its funny to note that the BitMeme system was so old that "Elon Musk" was originally the starting monetary status role with "Jeff Bezos" near the top.
== Legacy ==
BitMemes continue to be a bit of an inside joke of the Council, not really being taken seriously. Regardless, Meme Lord still updates Meme Bank accounts whenever a memeber earns BitMemes. While the rush to "get rich" and bounty era is gone, they can still be earned randomly given certain circumstances. When Vectormind was first created Meme Lord jokingly offered 300,000 BitMemes.
Category:Meme Council Lore
Category:2018