The last time I checked, we had something like 15,000 shitcoins on coinmarketcap, and I stopped following it because I thought it was stupid.
Now I've looked at it again after years, and we have 27.55 million shitcoins.
As I predicted back then, we have to accept that this isn't going to go away. It's the biggest casino in the world, and people love to gamble.
This is what we need to kill alts…infinite numbers of them.
The degeneracy went parabolic
Dude how did you get that wrong? I think the best term to use here would be "exponential". Also, if you really do mean parabolic, then consider using the term"polynomial", which works even when the exponent is constant, but not equal to 2.
And with so many shitcoins out there many are trying to cling to Bitcoin hoping to extract a fraction of legitimacy. Explains much of the spam and dev problems we have.
…and by taking away #Bitcoin‘s immutability/incorruptibility, and things like changing Bitcoins monetary properties Bitcoin is no longer differentiated from shitcoins. It’s become a shitcoin.
I bet we could create a shitcoin to capitalize this graph.
This growth is also due to many shitty tokens created in Bitcoin thanks to spam, thanks to the transsexuals at Bitcoin Core.
Hey, Normie tech industry trust funders need a hustle too.
