Replying to Avatar Trey Walsh

Guys there are hundreds more shitcoin groups in DC, representing these and more. Can’t let em win and screw over Americans even more

Like in my book there’s BPI, nostr:npub1fpcd25q2zg09rp65fglxuhp0acws5qlphpg88un7mdcskygdvgyqfv4sld and coin center does good stuff (but not Bitcoin only). Each with our own lane and focus.

The crypto/shitcoin to bitcoin ratio for education, think tanks, and policy is absolutely insane. Even though Bitcoin makes up 65% of market share in all of crypto, bitcoin only groups make up only about 10% of think tanks, industry, and lobby in DC. Thats insane

In part I remind myself that if I talk to the average person on the street if they've heard of Bitcoin, pretty much everybody has. Many will say they've heard of Ethereum. Far fewer will say they've heard of Solana, Ripple, Cardano, or Fartcoin or whatever other shitcoin.

I'm also reminded of something a friend told me a while back that stuck with me: back when the Internet protocol first took off, there were some people that came up with new ideas. When you asked what their idea was they'd say "it's like the Internet... but better". In my mind all the shitcoins are mostly solutions looking for a problem, and their main "selling point" is that "they're like Bitcoin... but better" - which is objectively nonsense. That's the message that I like to tell normies.

Reply to this note

Please Login to reply.

Discussion

And I don't know why my message is meeting flagged as sensitive - I guess Amethyst doesn't like the S word.

Definitely true ref the average individual only recognising Bitcoin and maybe ETH.