Seems you thought farther ahead than others.

I contend it probably SHOULD have faded, but it's either VC fueled, or an attack.

But that's my two sats.

I'm only forward thinking enough to see a code solution could ALSO have unintended consequences. But I think most people see that at this point.

Reply to this note

Please Login to reply.

Discussion

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. 🤷