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0 sats \ 0 replies \ @Jackriddles 19 Dec 2023 \ on: Altcoins Don't Lead to Bitcoin bitcoin
I created my own shitcoin as a family allowance/rewards system currency. One kid would hodl it all while the others would spend it immediately, causing me to continuously inflate the amount of coins for those who weren't saving it, and devalue the savers coins "for the greater good". It was small scale for sure, but I recognized the problem with shitcoins with upper management having the power to do exactly what i did, without necessarily nefarious intentions. Months later, i would discover Robert Breedlove on YouTube, and start learning about bitcoin.