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no₿ody™ 🧱 2y ago

Hear me out

A big company like airbnb implements cRypTo PayMentS opening the floodgates to corporate shitcoinery, like how we expected Tesla and Microstrategy to influence treasury strategy more broadly

They accept shitcoins. A bunch of them do. Walmart and shit. They’re not dumb. They get young customers by jumping on the “current thing” and sales go up, they love it.

But they don’t hodl the shitcoins. They dump them all immediately. Amidst a larger macro landscape i don’t know fuck about bc i just stay humble and stack sats, but is probably bad, recession hits. Banks continue to implode because fractional reserve banking is a scam etc. First Republic and all that.

They introduce massive sell pressure to the already struggling shitcoin prices and it all goes to fuck.

Bitcoin survives with flying colors. The end.

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no₿ody™ 🧱 2y ago

In the middle there is also major SEC crackdowns on cryptosecurities, shitcoinbase, etc

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nobody 2y ago

This is my main concern and reasoning for building my ecosystem. Honestly don’t get why these company’s can’t make a unlocked digital asset or even take anything modest. They just want their profits and products sold they don’t care how or what they get in return. It’s just too much bs. I hate it. It also dilutes real programmers and engineers that have a real product and discourages them because some bs shitcoins with no utility or real code behind it gets the pass. Truly a mockery.