theguy on Nostr: Mostly agree, however there is practically no need for separate shitcoins when we ...
Mostly agree, however there is practically no need for separate shitcoins when we have lighting network that is at the very least native to BTC and tracks its performance. But I agree there is ways to go to make using Bitcoin viable in all kinds of circumstances, including offline.
I personally don't critisize people working for fiat, unless they save their wealth in it (which just by itself fuels govs and central bankers). However when it comes to shitcoin trading (and even some separate stocks and indexes) I see it as a net negative overall. Basically people funnel value away from hard money to useless assets in the hope to dump on someone else and make them hold the bag. No value produced, just transferred from the more clueless people than themselves. And by speculating and putting money in those useless assets they help create an illusion that those assets have some value and in turn help to mislead people who don't know any better. But that just me and I get that some people morals are different from mine.
Otherwise, I couldn't care less about what IOUs and colored coins people are using to transact, as long at they understand what exactly they are doing and that BTC is only sound crypto viable for savings.
I personally don't critisize people working for fiat, unless they save their wealth in it (which just by itself fuels govs and central bankers). However when it comes to shitcoin trading (and even some separate stocks and indexes) I see it as a net negative overall. Basically people funnel value away from hard money to useless assets in the hope to dump on someone else and make them hold the bag. No value produced, just transferred from the more clueless people than themselves. And by speculating and putting money in those useless assets they help create an illusion that those assets have some value and in turn help to mislead people who don't know any better. But that just me and I get that some people morals are different from mine.
Otherwise, I couldn't care less about what IOUs and colored coins people are using to transact, as long at they understand what exactly they are doing and that BTC is only sound crypto viable for savings.