The weak copies we refer to as shitcoins 💩 ignore the nature of #Bitcoin. They ignore even the nature of money; believing that "your money has to work for you". Believing that money has to yield some kind of income; this money itself should give a nominal profit.
No. Your money just has to work, period. Your money should be yours and yours alone, and it shouldn't be stolen from you.
If your money requires permission to be spent, it's not your money. If your money has counterparty risk, it's not cash, it's credit.
If your money steals from you, it is not your money, but a government funding and control mechanism. If your money requires identity, it's not money but a social credit scoring system.
Money has no income.
Cash has no counterparty risk.
Cash is not credit.
Money does not need to "grow".
Money does not require ID.
Money has no memory.
The purpose of money is not to know your customer. Bitcoin is a response to the moral failings of fiat money and our fiat monetary institutions.
"Crypto" is a reincarnation of these failed institutions, replacing the friendly faces of clean-shaven bankers with the coy smiles of scruffy teenagers. Some call it progress. I call it unethical.
