Replying to Avatar OceanSlim

Ordinals are not shitcoins just because you don't like them...

Last I checked they're inscribed on Bitcoins chain...

You do t have to like them but I just don't see the issue. No one's making you buy them. They're just collectables like beanie babies. Mostly worthless but value is subjective and if someone wants to spend their wealth on something you think is worthless, that doesn't affect you. It's their money.
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Digikomori 2y ago

I don’t want to argue about whether or not they meet your definition of shitcoin.

I do want to argue that they will be pumped and dumped and washtraded and used to scam the unsophisticated and those new to this space, and in the end are not a net positive for the ecosystem.

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OceanSlim 2y ago

You are right. They will be pumped and dumped. Scammers gunna scam. I will not argue with that. But they are a net neutral, not negative or positive. In the same way people can use Bitcoin to buy illicit drugs or for nefarious activities. Does that make drug transactions bad for Bitcoin? Or are people just spending their own money how they see fit?