Replying to Avatar Laser

"What problem do altcoins solve?"

Securities law typically protects the public from scam artists selling fraudulent equities, but the novelty of #cryptocurrency has created an ambiguity runway now being exploited in a gold rush of deception.

Shitcoins represent the exact type of theft that #Bitcoin Maximalists are trying to eliminate.
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Hendrix 2y ago

Altcoins are solutions in search of a problem.

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Laser 2y ago

They are solutions to the problem of startups wanting to exit on the public without delivering functioning ventures.

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Hendrix 2y ago

Basically a shortcut for Grifters.

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Laser 2y ago

Many startups steal money from LP funds and the public by playing the long game and exploiting laws and norms.

Crypto gets rid of all this red tape.