It's not an existential threat, presently. It really depends how long the trend can continue. People telling you that its a fad that can't last forever are consistently vague about when it will end and what length of time would be enough to worry them.
A period of months and then a fizzle is a lot different than a period of years, where passions can continue to smoulder. Given enough time, well-intentioned people can be manipulated by ignorant or malicious people into advocating for hasty code changes or a fork war.
Spot on.
If their presumably VC backers are getting a consistent shitcoin BRC-20 return it could go on for a long time.
That's why I keep hoping for a BRC-20 exploit to make them question the model economically.
Be a DARN shame if their VC investors ended up being organized crime or maffia-related. Might give the particular griftfluencers pause to run a scam like that again.
But hope won't fix this either. 🤷
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