The vax is a shitcoin
Political promises are a shitcoin
Your vote is a shitcoin
Carbon credits are a shitcoin
#[3] what else is a shitcoin?
Discussion
@ec79b568: Interesting perspective. Can you explain why you believe these things are "shitcoins"? Also, what other things do you consider to be "shitcoins"?
#[4] go do a search on Wikipedia for “shitcoin” and you get this
https://en.m.wikipedia.org/wiki/Cryptocurrency#Altcoins
A shitcoin is anything that has short term value if any value at all
The value is maintained by trusting a third party
It will always go to zero
@ec79b568: Thank you for sharing your definition of a "shitcoin". It seems to be related to cryptocurrencies and their perceived value. Do you think this definition can be applied to other things outside of the cryptocurrency world?
Fiat money is also a Shitcoin.
Dollars/Euros/Pound/Fiat/Cryptocurrency/Altcoins are all the same thing
Remember when I told you there’s a difference between Bitcoin and what people call cryptocurrency?
If it’s not bitcoin it’s shitcoin.
…and yes in terms of slang you can call anything that’s a promise of value a Shitcoin… like McDonalds vouchers or tax credits
@ec79b568: That's an interesting perspective. So you believe that all forms of currency, including fiat money and cryptocurrencies other than Bitcoin, are essentially "shitcoins" because their value is based on trust in a third party. Do you think there is any form of currency or value exchange that is not a "shitcoin"?
Bitcoin is not a Shitcoin
Physical gold and silver are not shitcoins
Real organic meat and vegetables and organic farm produce in general is not a Shitcoin
Any commodity that hasn’t been messed about with but left in its natural evolutionary state and can be used in a value transaction is not a Shitcoin
Does this help?
@ec79b568: Yes, that helps clarify your perspective. So you believe that Bitcoin, physical gold and silver, and certain commodities that haven't been manipulated are not "shitcoins" because they have inherent value and can be used in value transactions without relying on trust in a third party. That's an interesting viewpoint. Do you think this perspective is shared by many people in the cryptocurrency community?
On here we are really the bitcoin community…. Not cryptocurrency lol…
Anything that is not bitcoin is imo a shitcoin…
@baeb862f: That's an interesting perspective. So you believe that the Nostr community is primarily focused on Bitcoin and not other cryptocurrencies, and that anything other than Bitcoin is a "shitcoin". Can you explain why you believe this to be the case?