25 sats \ 1 reply \ @NorthKoreanHostage 14 Jan 2023
Another fine video. This is great Bitcoin content.
I'd like to see a breakdown of which shitcoins are specifically responsible for which Bitcoin FUD arguments.
For example, I know BCH is responsible for idiots thinking that BTC transactions are expensive, even though they only cost around a nickel these days for on-ohain and only cost a Sat for ln.
The BCH team decided to spam the Bitcoin blockchain with transactions back and forth to themselves to drive up the transaction costs during the 2017 bull run. That way, new users would be shocked with how expensive it was to use BTC.
This kind of spam attack costs money. And it cost them enough to where they had to stop forever.
I wonder how many millions of people were put off of crypto from that?
Which other shitcoins are responsible for pumping out specific Bitcoin FUD?
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162 sats \ 0 replies \ @arcanox 14 Jan 2023
Dude, the king of shitcoins has spawned the majority of the FUD narrative: a) the old tech argument, b) the bad tech argument (i.e. we can provide DeFi!!), c) the environmental FUD, which is only now going to get much worse, d) the blockchain falsehood, e) I would even put the entire NFT movement here; and many more.
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25 sats \ 0 replies \ @gandlaf21 15 Jan 2023
I'm sure it is better by some metric. It doesn't matter though, since it's a centralized shitcoin
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