Calling altcoiners shitcoiners is not only unproductive, it is tribal and ugly.

I used to follow and invest in various privacy coins. Nobody ever changed my mind by calling me a shitcoiner. The change came after I realised bitcoin can be used privately and that investing in it was more profitable in the long term.

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I'm not an advocate for Monero but that has a use. The rest are SHITCOINS. Live with it mate. If you want to trade in them that's fine too

I am not advocating adoption or use of altcoins. Just saying insulting people is not a good way to show them the way.

I'm not insulting people just the shitcoins

Shitcoins are shitcoins. If someone chooses to shitcoin, they’re a shitcoiner. We’ve all been there. That’s why we state clearly they’re shitcoiners, shitcoining with shitcoins. It’s just we care 🫂

We're not going to lie to protect your feelings. We value signal. Toughen up. You'll be better for it

It's kind of Bitcoin layer two but eventually will be surpassed by other privacy tools.

A side chain

Yes.

I know that calling a shitcoiner a shitcoiner isn't very convincing. But the goal is not to convince anyone anyway. All those other coins are mathematically shitty. So if someone dissatisfied with the current monetary system chooses a meme coin over bitcoin as a solution for storing value, they're not really looking for a solution. If they don't want to store value, then explaining bitcoin to them is pointless.

If you said all meme coins are shitcoins we'd have nothing to discuss further.

What IS the point of being derogatory like that? It is not truth as you can't possibly claim you have studied all projects. BSQ for example serves a clear and positive purpose, but many refuse to use Bisq because of some weird black-and-white thinking.

Money, as a concept, is not something that can be constantly reinvented. If you choose to use another product as currency to make trading/saving easier, it must have certain features. Bitcoin maximizes scarcity and the individual's control over money. We cannot accept and use 1 million currencies at the same time.

I read this as "there is an element of propagandistic misinformation in the universal 'shitcoin' label, but it is for a good purpose".

I can almost get behind that, as the purpose is indeed good. I guess I am as absolutist about truth as some are about btc. 🤔

There are worthy altcoin projects out there. I don't invest in any, bitcoin is the best candidate ATM for universal currency. I'm happy zk-snarks were invented though, and that backup options exist.

I still think the 'shitcoin' label is counterproductive.