It is both sad and efficient.
Sad, because shitcoin grabassery has come to Bitcoin. Low-information gambling addicts and get-rich-quickers used to play in the shitcoin pigpen, so it was easy to differentiate Bitcoin and shitcoins. Shitcoins are what your midwit coworker used to talk about incessantly until one day he suddenly changes the subject and is bringing bagged lunches.
Efficient, because I don't even have to travel outside my bubble to point and laugh at dumb crypto things.