0 sats \ 6 replies \ @dave9000 25 Dec 2023 \ parent \ on: Here's why there are deep incentives for a Bitcoin fork with the Ordinals people bitcoin
you forget that the only reason there are brc-20 tokens in the first place is that VC funds needed another vessel for their scams that isn't Ethereum. Because ethereum and Solana (and all other centralized shitcoins) are going to face regulatory doom
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1 sat \ 0 replies \ @OT 25 Dec 2023
Centralized sh$tcoins are still around. ETH will not make a BRC 20 token to replace it.
If I need to conjoin or open a LN channel, I will out bid these high time preference degens.
IMO forking is not an option for now.
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0 sats \ 0 replies \ @tomlaies 25 Dec 2023
Disagree. VCs have more than enough vessels to invest in. Everybody and their dog is throwing some AI stuff at them currently. There is no shortage of vessels like there was during zirp.
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0 sats \ 3 replies \ @badabing 25 Dec 2023
I'm assuming shitcoins on Bitcoin fall under the exact same category as shitcoins on Etherium?
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0 sats \ 2 replies \ @OT 25 Dec 2023
There are levels of sh$tcoinery
Some are worse than others
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0 sats \ 1 reply \ @badabing 25 Dec 2023
I mean in a regulatory sense.
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310 sats \ 0 replies \ @OT 25 Dec 2023
Not a lawyer, but I think if they have a known issuer it should be the same as sh$tcoins both "on" bitcoin and other chains.
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