It doesn’t mater how you rationalize it.

Companies that support shitcoins make them shitcoiners.

If your product/services support shitcoins you are giving shitcoins value, propping them up and validating their existence.

Reply to this note

Please Login to reply.

Discussion

And bitcoiners will remember.

*cough*lopp*cough*

Shitcoins are more fiat than fiat. You can’t change my mind.

Especially stables. IOUs for IOUs 😂

Psst #[2]​

Ordinals are not shitcoins just because you don't like them...

Last I checked they're inscribed on Bitcoins chain...

You do t have to like them but I just don't see the issue. No one's making you buy them. They're just collectables like beanie babies. Mostly worthless but value is subjective and if someone wants to spend their wealth on something you think is worthless, that doesn't affect you. It's their money.

No they are definitely a shitcoin. Just because they pass as a valid txn doesn’t we all have to embrace them. Casey found a way to exploit an aspect of the protocol for his own personal pet project and it’s ultimately hurting bitcoin by consuming a tremendous amount block space for non-bitcoin txns. Blockspace that people of the world need for far more important reasons than dickpick jpegs. Let’s not forget what satoshi was fighting for. Ordinals are bad for bitcoin.

Just because it can be used for more than a peer to peer cash system does not diminish it's use as such. You are on a crusade against something that hardly effects Bitcoin at all. All I see is a more robust fee market. People spending money in any way they feel they want to. That's freedom to transact. Just because you don't like the transactions doesn't make them invalid. It's not for you to decide.

I never said you had to embrace them. Just ignore them. I fail to see how it affects you or Bitcoin at all.

They ARE Bitcoin transactions. Sorry you don't like them but wanting to censor what other people can spend their Bitcoin on makes you the one in the wrong here.

I don’t want to argue about whether or not they meet your definition of shitcoin.

I do want to argue that they will be pumped and dumped and washtraded and used to scam the unsophisticated and those new to this space, and in the end are not a net positive for the ecosystem.

You are right. They will be pumped and dumped. Scammers gunna scam. I will not argue with that. But they are a net neutral, not negative or positive. In the same way people can use Bitcoin to buy illicit drugs or for nefarious activities. Does that make drug transactions bad for Bitcoin? Or are people just spending their own money how they see fit?

Hmm. I don't think #[2] is a shitcoiner though..

Thanks Pleb. I am not a shitcoiner but I work for shitCointelegraph

I'm still upset about Casa and Lopps decision. I don't care how he's tried to 🔳 the ⭕

Very unfortunate for someone that's been in BTC as long as himself.

You must be new here! I suggest you research my pre-Casa history.

Jameson used to send spam email for a living. He was pretty good at it too. #truefacts

Jameson has received official recognition for literally (figuratively) assassinating his "so called" colleagues. #truefacts

Jameson used to professionally support an Ethereum node. Total shitcoiner through and through. #truefacts

Jokes aside, Jameson has been orange pilling folks for over a decade. His proof of work needs no defense; it speaks for itself. He's done more to promote and spread the use of bitcoin freedom technology than all of his numerous armchair critics put together.

The same goes for using anything that is AI. AI is a shitcoin.

Hard disagree man.

If you use AI as a tool and there is no man willing to do this job then it makes sense and there will be a market for this.

Now AI is three times as old as #Bitcoin and it is the most wasteful occupation of transhumanism ever devised. The only market is $Fiat and even its liquidity of machinations are funding advertisement in the form of propaganda and "news".

The beast has been unleashed as a cobra testing in the trees but the honey badger is hungry and it will chase the cobra for its meal.

The history of mankind and progress is technology. Should we have never invented the fishing rod because it puts people that fished with their hands out of business?

If no man is willing to do the fishing for you then you do your own fishing. In other words, men will bring you fish if you bring value to them. They will also bring you fish if they care about you.

AI is not feeding anyone or if it does it feeds men the same way transhumanist pharma feeds its proponents. Or the same way gas chamber workers supply euthanasia. Or those who build abortion clinics that supply hormones to children for a belief system that puts food on the table for the industrial medical complex who support eugenics.

AI is masturbation. Which is fine until you realize it's masterbation.

I love computers. But AI is a shitcoin.

AI is a tool just like any other tool. The fact that the only use case you see is for masterbation says more about yourself than the tool.

Haven’t some of the “leaders” in the space sold eth NFTs? When does one start and another begin?

Agreed.

trezor, ledger, case etc.... they are all part of the problem - short sightted greed!

🎯

By this definition, Bitrefill is a shitcoin company.

I work for (shit)Cointelegraph.

I write, shoot and produce bitcoin content for them. In return they pay me (in btc).

However, I do not support the endless, mindless and frankly mundane shitcoining.

I also work for a company that supports shitcoins. I work exclusively on Bitcoin (and some general operational stuff).

I think the best we can do is try to show colleagues/leadership the value of focusing on Bitcoin, and hope they come around after bleeding enough resources into vaporware fantasy coins.

What about the IMF?