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152 sats \ 5 replies \ @SimpleStacker 7h \ on: Presidential Shitcoin Factory Set To Buy More Shitcoins news
sigh
On the plus side, I think it means we're still way early in Bitcoin. I think the freedom language and promise of Bitcoin does inspire people, but that most still can't distinguish shitcoinery from real bitcoin. There will be repeated waves of people getting scammed, but Bitcoin will persist and get stronger through each one of them.
I know. I just worry about people, including myself, who get so excited by NGU that will be caused by stuff like the Lummis news today that we fail to stay clear eyed.
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I haven't paid much attention to the political side of things, but it'll be interesting to see who emerges as having more bitcoin maxi positions through all of this. Don't know much about Lummis---does she understand the difference between "bitcoin" and "crypto"?
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Yes, I think she does, but from a legislating perspective she really doesn't have much of a choice to put them in one basket. It will be understandable.
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Yeah, understandable from her perspective but I'm wondering now what are the policy levers to properly separate bitcoin from shitcoin.
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I don't know.
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