Hot take.

Bitcoiners can be shitcoiners.

Yes. If you consider shitcoinery a way of generating fiat to purchase more bitcoin… it can be the most effective way. Inefficient market. No sophisticated investor laws.

If you know what you are doing you can stack sats hard. It is a form of fiat mining.

Here’s the kicker though.

#1 The vast majority get rekt. You can’t pick the ‘winners’. You can’t ‘sell the top’. Stop thinking you can. Most don’t.

#2 It’s fucking unethical. Most if not all shitcoins are bullshit. They are designed for a quick pump for founders to exit. There is no revolution. It attracts scams and charlatans.

The reason bitcoiners are so adamant of bitcoin or gtfo… is that there’s a common experience. One from ignorance.

You try to shitcoin when you know no better. You get absolutely rekt. You find out the founder rugged and it was all bullshit.

You see through it. Become hardened by it. Learn more about bitcoin. Learn about money. Learn about inflation etc.. Stay the fuck away from it and just stack sats humbly.

You become part of the revolution.

So yeah. Shitcoin if you want. But deal with the consequences.

#bitcoin

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I wonder if this will get read or I just get 144 unfollows 🤔