It is with great disappointment that I write this thread about Bitcoin Magazine.

I personally have high standards for what constitutes a "Bitcoin" conference. I do not want to pay to be bombarded by shitcoiners and their ilk. But last year, the Bitcoin 2022 conference did just that. It was heavily infiltrated by those promoting NFTs, blockchain, crypto, DeFi, shitcoins, centralized yeild farming exchanges and algorithmic stablecoins.

Many of them were even sponsors!

Bitcoin Magazine enabled these 3rd party middlemen, their shitcoins, corruption and products. In exchange they accepted their fiat sponsorship, and then turned around and invested that fiat heavily into Three Arrows Capital and GBTC.

They have lost millions of dollars on these shitcoin and paper IOU trades.

It is extremely concerning to see that now, Bitcoin Magazine is selling NFTs at auction up to 10 BTC each. It's surreal to see them crossing the rubicon into shitcoin-scam city.

Are Bitcoin Magazines finances really so bad that they need to stoop so low as to sell receipts of JPEGs on a centralized standard?

It is clear that they have sold out to the highest bidder before. But this is a new low.

Before they were simply enabling the scammers and being paid for it. Last year's shilling of shitcoins on stage by Novogratz and O'Leary highlighted this. Now they are removing the middleman and going direct as NFT scam peddlers themselves!

It was never Bitcoin Magazine directly doing the scamming. They were just letting it happen. Now they really have their hands fully in the shit.

In conclusion, I urge the Bitcoin community to boycott Bitcoin Magazine until they take steps to promote the Bitcoin ethos and contain the shitcoiners. The community has the power to demand higher standards for Bitcoin conferences and publications. Let us use that power to ensure that Bitcoin Magazine does not promote distractions and subversive elements to the Bitcoin ethos.

Some things you can do is

Organize your own unconference Bitcoin meetups in the area from May 18th-20th. Don't attend their conference or buy their products. Let them know your displeasure on social media. Send a variation of this letter to their email contact@btcmedia.org (use chatGPT for a different version of this letter) Depending on their response, further actions may be forth coming, my goal with this letter is for them to at least stop selling and promoting shitcoins themselves. If you work for Bitcoin Magazine and also feel the same way as this letter, consider speaking out or getting in touch. The below text is verbatim from their website: https://bitcoinmagazine.com/code-of-ethics

Our Code of Ethics is the code we not only work by, but live by, and expect of each other, our business partners, and suppliers. Not only do we operate according to our ethical principles and requirements, we hold ourselves and those we work with to full accountability for being in full compliance with applicable laws and regulations worldwide.