Subnostr

Over time I have come to the conclusion that shitcoins are good for Bitcoin, shitcoins show the maximum splendor of human stupidity, despite everything, there they are, and every day there are more shitcoins, we are already over 25000.

Neither Gary, nor the SEC, nor the US, nor the FBI, nor the NSA, nor the CIA, nor Russia, nor fucking God, will ever end the shitcoin market in the same way that drugs, prostitution, or gambling cannot be ended.

If that bunch of state morons can't end shitcoins 😂, how do you expect them to end Bitcoin?

Bitcoin is the most secure store of value in the solar system, some people don't understand it now, but time will tell.

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Discussion

nobody 2y ago

I think it shows greed; like malicious, hurtful greed. Shitcoins absolutely have been weaponized as a vector to slow bitcoin adoption…but it’s a two way street right? Seller buyer…. The sellers propagate ignorance and prey on the various facets of under education.

Said another way; ignorance here is parroting that x , y , x coins are decentralized and censorship resistant… and they just aren’t and the truth and knowledge to make that shift of trusting to verification. And so many don’t and you gotta wonder why

Cyph3rp9nk 2y ago

You don't have to worry about that, it's the same as trying to worry about people dying of overdoses, or human trafficking, or people losing everything in gambling. There's no point in worrying about it, it's going to keep happening, and there's no point in laws, it can't be prevented.

The shitcoins casino is the same, you can't avoid it, if people want to lose their money let them lose it, but look at two good things:

- They serve as a shield for Bitcoin.

- They will be an entry ramp for future Bitcoiners.

Let the shitcoins take the hits.

nobody 2y ago

That’s a pretty solid take I admit; it’s interesting when I have these kinds of conversations/debates I’m on one of twos sides; a perspective considering the reality.

Or thinking in terms of (for lack of a better word) existential concepts.

I agree people guna people. But it’s not just a shit coin casino, it’s not like the experience of walking into Paris! Or MGM.

As I type and think about it, I can conceive of a somewhat legitimate argument in favor of the similarity.

In terms of my Perspective I feel like the framing and narrative building is very not Casino esque.

I find that ideof someone using a tool or technology and then mixing in social engineering

T via narratives and influencing people feels morally dirty; especially, something that shares categoric reality in the sense bitcoin and shitcoins are both digital assets.

If you see what I’m saying its basically that I just feel if we accept and say that’s just “the way she goes” and consent through non action or acceptance then it not guna be like without negatives.

The people running rug pulls as their means of income are guna just keep fuggin people over I guess until you’re either a maxi or you’ve been fucked and refuse to deal with digital sovereignty so they just install an industrial, government provided connecter piece for both sucking Big Brothers teet and “taking it” known as CBDC and UBI.

That ever so American giving up, ah fuck it; it’s a sin to be purposefully flooding the Channels of the Collective’s subjective with knowingly false information with the aim to skam the uninformed or at least make as many people as possible misinformed

nobody 2y ago

I’m altered so typing that beast was a struggle 🤦

Theory of Everything 2y ago

Get shit on by random tokens and realize bitcoin was the original the whole time. Nothing quite like bitcoin to learn from your mistakes by loosing your money. It does demand people to have a certain level of intelligence to use and profit from. Unlike corporate America that requires a common stupidity to really enjoy. Personal responsibility as a social norm will be the byproduct of bitcoin. Shitcoins and CBDC tokens will be the stepping stones for the future of people becoming wealthy.