Please help me to understand what a #shitcoin is that many here are talking about. Are these all other alternative coins (altcoins)? And do people mean this from a negative point of view, because they are worth nothing, not like #bitcoin? Or has this term #shitcoins simply developed because you make just fun or something about?

#asknostr

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If it's not bitcoin, it's shitcoin.

🙏 Thank you for the answer.

I agree liquid btc is a shit coin

Yes, yes, no.

🙏 Thx

A shitcoin is anything that is variable and controlled by small group of insiders. So all fiats and all “altcoins”

🙏 Thank you for answering me.

No problem! Happy to help answer any questions you’ve got to the best of my ability.

Pretty basic really. It’s bitcoin and then everything else. Ask others are a centralized controlled shitcoin.