0 sats \ 0 replies \ @Michelson_Morley 29 Oct 2023 \ parent \ on: Is Monero a shitcoin? bitcoin
Well. Since I call myself honest, I should add that you are only right about the arrogance part. The rest? It shows that you understand nothing. If you asked a particle physicist how the atom works, would he say, "Go read a book"? He would just tell you.
I've been harsh on DarthCoin but thinking he is an OG and somehow knowledgeable is both a logical mistake (its appeal to authority) but also shows that you havent read what he writes. Just because someone acts confident and links to stuff that supports their one opinion, you should not assume such a person is helping anyone. As I said though, he's ok in my book. I'm a huckster too. Whatever. I don't respect lying.
I have read human action. Since you are austrian yourself, you understand that bitcoin is purely speculatively priced? It is not gold. Gold is pretty as jewelry, wonderful in conducting circuits. But a low layer breach in any cryptocurrency renders it worth nothing. This is why darthcoin is not an "OG", an authority, He doesn't know what I'm talking about. Why would he need to? His job is to repeat the word shitcoin and convince everyone its us vs them, and that he is an expert, repeating it enough so that people like yourself imitate the words. If I'm wrong about this, please let me know. I'm trying to reconsider my beliefs.
Bitcoin isn't good money or gold, but it's the strongest contender for currently that exists. Bitcoin maximalism may certainly be propagated by those who hold it (they're obviously going to keep HODLing until btc is acceptable universally.... definitely..). But thats fine, the end goal is mass adoption of real crypto. They help.
Why is it taboo against your faith to say how many coins you have? Because it endangers the pseudonymity of everyone you trade with? Or because some OG told you (they wouldn't have ulterior motives for not disclosing how much theyd gain from the thing they're shilling, right?).
If a true bitcoiner is bound by such weakness as the first of these points, which he is, then how long would it take before speculators began looking at better coins like Monero? You're an austrian, you know. So it's surprising to me that you willingly blind yourself with the "btc only" mindset. I'm more interested in seeing reality than group membership. Mostly because I actually know what I'm talking about.