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It is ok to want shitcoins to die at any cost
1143 sats \ 7 comments \ @mrbrownstone 4 Sep 2022 bitcoin
There is one single thing that can a disproportionate effect on Bitcoin adoption that will ultimately make Fiat money obsolete: network effect.
Bitcoin needs network effect, the more the better. Shitcoins and stablecoins are an attack on that network effect.
If shitcoins suffer, even with attacks from the State, and that contributes to increasing the network effect of Bitcoin, that is a good thing that will ultimately have good consequences for the world.
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0 sats \ 0 replies \ @premitive1 5 Sep 2022
"at any cost" like sacrificing your family and friends to satan?
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0 sats \ 2 replies \ @Wil 4 Sep 2022
May the best coin win.
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0 sats \ 0 replies \ @mrbrownstone OP 4 Sep 2022
This is completely unrelated to what I said.
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0 sats \ 0 replies \ @DarthCoin 4 Sep 2022
There is only ONE that matter: Bitcoin. If you still doubt that... HFSP
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0 sats \ 2 replies \ @tenuous 4 Sep 2022
Would you mind expanding on your logic? How is another blockchain failing immediately accretive to bitcoin? Who is to say the injured parties don't just return to fiat?
I am not disagreeing with you necessarily but I think some more depth would be helpful.
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0 sats \ 1 reply \ @mrbrownstone OP 4 Sep 2022
Network effects are zero-sum.
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100 sats \ 0 replies \ @tenuous 4 Sep 2022
Because you are focused on the big picture of bitcoin and separating money from state. I agree with you.
But a lot of people in crypto just want to play with centralized databases with lofty aspirations. They are not ready for the full bitcoin mind fuck. I could easily make the argument that any discussion or publicity regarding freedom, decentralization, censorship is a good thing.
You are just trying to shut down discussion and thought, which to be honest is a trait I associate with "the other team"
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