Some people just have to learn the hard way it seems.
Discussion
I think most of us do unfortunately
Also true!
I lost a good amount of money on shitcoins
DeFi rug survivor reporting for duty!
Cardano was the fucking worst man
I convinced myself to give Luna a try 2 weeks before its collapse.
Oof! How much did you lose?
Generational wealth
I’m sorry man. Sometimes the most important lessons are also the most expensive 🫂
You know what made me realize Cardano was trash? It was actually using it, by playing around in their ecosystem. While I now know ETH is shit, they at least had a lot of stuff going on.
Cardano was shit to me when I found out he was trying to do a social credit system or something in Africa because he wanted to help them. Total bullshit and dystopian.
I used to listen to his YouTube discussions pretty often.
I remember once how he suggested people should move their Bitcoin to Cardano by wrapping them. He was arguing that mining kills the planet and the value proposition of Bitcoin is it's limited supply.
So why not stop mining it all together and move it to a PoS system?
That way, Bitcoin would be even more scarce than 21 million AND could be part of the defi ecosystem.
https://www.youtube.com/live/CWSUatgdd5U?si=iSY6-x6Fw9MlB4ht
I think this is the video.
I’m so triggered by this guy I couldn’t watch the video. Fuck him lmao is he still in jail?
Did he go to jail? I didn't know that lol.
Last time I heard of him, he was filming himself doing cold plunges, like he's some tough guy health guru.
Lmao I used to listen to him too. He talked about the corruption of central banks and the fed. But I remember him talking about climate change and shit. That’s when I started thinking this guy is a fucking retard 😂
i totally mean to brag
but i was never a shitcoiner 😂
I had so much fucking solana and didn’t make shit on it lol what a waste of money
there was a minute where I was watching a lot of Antonopoulus and thought "i should probably look into Ethereum"
then i decided i didn't have time for that shit
I came right into Monero and decided Bitcoin was cool too lol
Since I know you wisely allocate BTC heavy, yet have some burning need to defend monero, guess that still counts as not shitcoining 😉
nono bro
I probably have more monero rn
proportionally
cant see past my bags obv
I wish I came across Anton earlier lol did he have a shitcoin phase?
Andreas wrote a book on Ethereum and I'm a similar sort of nerd so I figured i should check it out
im sure its technically interesting. I know Vitalik wanted to do it on Bitcoin (reenable opcodes!) but people started screeching so he left.
now we're talking about reenabling opcodes again 🙄
I listened to vitalik talk on the lex fridman podcast and I couldn’t get past his views that Bitcoin is bad for the environment. Anytime I hear that argument, I lose respect for the guy.
Monero is cool for privacy but I consider it a shitcoin at all it is not decentralized. Eth let's not talk about the disgusting of the crap
Monero is decentralized homie
At least show us some stats, when claiming its not decentralised.
It is not decentralized simply because it is used by very few people. Dead protocol. For privacy the best nothing to say. But unfortunately it did not stand the comparison with Bitcoin and was "abandoned". This is my humble thought 🤷♂️
Me too, but I knew I was gambling 🎲
I didn’t. I legit thought it was the future of defi 😂
Lol. I always love it when so called maxis come forward lecturing me on Bitcoin maximalism telling me, a 15 year Bitcoin veteran, about their shitcoin escapades while the only thing I constantly remind them of is self-custoding Bitcoin and using Monero.
Well I don’t do shitcoins anymore and I do self custody 🤷♂️
Because you are slowly getting sober from a fiat mindset.
Believe me. You still find hidden parts of the fiat mindset after years of being in the space.
Biting my tongue not to write something snarky here.
But that’s cool. “Fiat mindset” isn’t a very meaningful phrase for me, gets overused, but see your point
Was the same way with Ethereum 😂
A family member swears up and down that I would always talk to them about Bitcoin back around 2009, but I have zero memory of that lol.
I can only remember it coming on my radar in 2013, but I don't think I really understood it/got into it until many years after that.
damn you an OG
It was probably a "neat" passing interest kind of thing to me at the time that I read about somewhere. Then I went on with my life and forgot about it. I didn't actually own any Bitcoin or really understand it until about a decade later. I missed the blocksize wars and everything.
So I don't really consider myself OG 😅
You're probably more OG than me, Kanzan
lol i also remember around 2013 thinking "huh should probably check out that Bitcoin thing"
and it also took me a few more years to get around to it 😅