Two of the greatest innovations in the last 3/4 centuries are Bitcoin and the stock market.
I wish all Bitcoiners acknowledged the fact that enterprises built the world we live in. Issuing new tokens is the same as issuing new stocks. But some tokens are shit just like how some stocks are shit.
Stocks are fraction of a business, there are assets and cash flows behind them and they have a lawful apparatus around them
pePeElonCoin or whatever shitcoin people print up isn't remotely close to a stock
All I'm saying is: not all non-bitcoin tokens are shit. I'd refrain from conveying these statements to your large audiences. Many people will believe your words without a second thought because they trust you.
Instead I would say:
Printing your own *scam* money is the antithesis of Bitcoin.
These shitcoins *that provide no value to the world* are an abomination.
*Can we stop promoting such shitcoins and only promote good coins?*
> Stocks are fraction of a business, there are assets and cash flows behind them and they have a lawful apparatus around them
Of course. They are fiat and work like any fiat.
