10 sats \ 2 replies \ @djs_btc 24 Oct 2022 \ parent \ on: The White House is Wrong about Bitcoin Mining with Nic Carter bitcoin
Prepared for some flak on this...
I was certainly disappointed when all that stuff went down, but I've come to the opinion that Nic's pro-bitcoin work is so incredibly valuable, that the cost of ostracizing him outright is too high. When Bitcoin Nic talks, I listen. When it's the other Nic, I just tune him out.
And when he has plebs all exited about how great Bitcoin is and pulls out the "Bitcoin therefore shitcoins" and all the people who got exited about his Bitcoin work say to themselves "Well he must know what he's talking about lets try out this shitcoin" and get absolutely financially wrecked as a result, will you still feel that is work is more valuable than those people's money, time, and energy?
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Couple things... First, if you invest in a shitcoin, look no further than the mirror to find someone to blame. Personal responsibility is a cornerstone of the Bitcoin ethos. Second, I honestly don't believe moonbois/noobs/fools are reading or listening to Nic. If you are far enough down the Bitcoin rabbithole to be reading and listening to Nic, refer to my first point. I also never said we can't raise all hell everytime Nic shitcoins. I only said his pro-bitcoin content is to valuable to throw the baby out with the bath water.
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