ShitcoinStory:
Year: circa 2018
Shitcoin: OMG
What it is(according to its white/yellow/brownpaper): it’s a payment network being setup in south Asian countries - Thailand, Philippines, Malaysia amongst others.
It would enable anyone to pay without having to open a bank account in shitcoinspeak - it’ll bank the unbanked.
I was quite pumped seeing the “vision, team and its massive scope”.
But more than anything, I was pumped by its price rise and by my greed to get in on it. If it helps the word and I get rich in the process, it’s great.
Never did I question why wouldn’t people simply use bitcoin instead?
And in case I did, the naivety that perhaps because bitcoin’s transactions are slow/expensive (the usual shitcoinspeak), suppressed the logical portion of the brain.
And I bought some, saw them go bonkers(moon) sold some, made money, bought some other shitcoin, lost money, repeat.
My intention with this note is to simply jot down what went in my head at that time and why I bought what I did.
LayZ / Lay Z
npub10m…4etgy
2023-09-02 09:32:55
Author Public Key
npub10mcyvncglqts2dsv2hal5z4lzaq60twqzag8u5rauxudjrjj3tnq74etgyPublished at
2023-09-02 09:32:55Event JSON
{
"id": "df767a35ed02e9e49b7ba8bbc1ef3271eb96634f20d8c780a33d4680c1c14e69",
"pubkey": "7ef0464f08f81705360c55fbfa0abf1741a7adc017507e507de1b8d90e528ae6",
"created_at": 1693639975,
"kind": 1,
"tags": [],
"content": "ShitcoinStory:\nYear: circa 2018\nShitcoin: OMG\nWhat it is(according to its white/yellow/brownpaper): it’s a payment network being setup in south Asian countries - Thailand, Philippines, Malaysia amongst others. \nIt would enable anyone to pay without having to open a bank account in shitcoinspeak - it’ll bank the unbanked. \n\nI was quite pumped seeing the “vision, team and its massive scope”. \n\nBut more than anything, I was pumped by its price rise and by my greed to get in on it. If it helps the word and I get rich in the process, it’s great. \n\nNever did I question why wouldn’t people simply use bitcoin instead?\n\nAnd in case I did, the naivety that perhaps because bitcoin’s transactions are slow/expensive (the usual shitcoinspeak), suppressed the logical portion of the brain. \n\nAnd I bought some, saw them go bonkers(moon) sold some, made money, bought some other shitcoin, lost money, repeat. \n\nMy intention with this note is to simply jot down what went in my head at that time and why I bought what I did.",
"sig": "2121e6449904627a96463f01f570bfc077da3bb267d9de4c4133e64424a9cd1d1cd09e89a6bfee41f390c678f6ec2a2a7d704be95407b1c69be5bb7294fd1f63"
}