Replying to Avatar Laser

"What problem do altcoins solve?"

Securities law typically protects the public from scam artists selling fraudulent equities, but the novelty of #cryptocurrency has created an ambiguity runway now being exploited in a gold rush of deception.

Shitcoins represent the exact type of theft that #Bitcoin Maximalists are trying to eliminate.
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Running Man 2y ago

Are you suggesting that bitcoin maxis can do a better job at SEC'ing then the SEC?!

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Laser 2y ago

The stronger the narrative for #Bitcoin becomes the more families are able to skip ahead of shitcoins entirely.

Because these projects feed on greed, even #Bitcoin won't be able to stop folks from giving these scam artists their money.

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Running Man 2y ago

I'm with you 1000%. I was being (perhaps inappropriately) facetious. I was watching the Swan guys shout scam at FTX, while FTX was having brunches with the sec type.