If something is 99% grift it’s pragmatic to just treat it as 100% grift.

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it's just not my thing, but I don't necessarily think it's a grift.

What do you call a 70% premine that brands itself as “ultra sound money” and spews out thousands of shitcoins that are also premined and financed by VC’s and dumped on millions of normal people who have been systematically confused about the distinction between Bitcoin and crypto?

that is extremely bad.