the problem is that holding shitcoin is bad for you then you need to swap from bitcoin. Then every shitcoin tx need to consider bitcoin miner fees for the swap, or the price of holding the shitcoin and devaluing your funds.
Also very shitcoiner has a favourite shitcoin. There's no way to obtain a second shelling point that holds strong the network effect (monero is the n-crypto out there and "blabla people really uses it" is a narrative, the reality is pretty noone uses it). So adding shitcoins to your set of tools wouldnt be better for your trade because I domt want shitcoins pay me in bitcoin, other people would accept ethereum or bitcoin, other their shitcoin and bitcoin...
In the end shitcoins are tool that decrease efficiency of transactions wherethe scam is the only feature they really offer.
Fir ecash, scam is just one of the poasibility, hopefully the less interesting.
ponymontana🦄⚡
npub185p…36k8
2024-06-09 10:59:01
in reply to nevent1q…6pge
Author Public Key
npub185pu2dsgg9d36uvvw7rwuy9aknn8hnknygr7x2yqa60ygvq6r8kqc836k8Published at
2024-06-09 10:59:01Event JSON
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"content": "the problem is that holding shitcoin is bad for you then you need to swap from bitcoin. Then every shitcoin tx need to consider bitcoin miner fees for the swap, or the price of holding the shitcoin and devaluing your funds.\nAlso very shitcoiner has a favourite shitcoin. There's no way to obtain a second shelling point that holds strong the network effect (monero is the n-crypto out there and \"blabla people really uses it\" is a narrative, the reality is pretty noone uses it). So adding shitcoins to your set of tools wouldnt be better for your trade because I domt want shitcoins pay me in bitcoin, other people would accept ethereum or bitcoin, other their shitcoin and bitcoin...\nIn the end shitcoins are tool that decrease efficiency of transactions wherethe scam is the only feature they really offer.\nFir ecash, scam is just one of the poasibility, hopefully the less interesting.",
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