Stumbling upon the Nakamoto Institute on Twitter in 2014 is why I’m into bitcoin & why I’ve managed to avoid getting scammed by shitcoins. Thank you @BitcoinPierre and @bitstein!
#ThankAMaxi
#ThankAMaxi
There are more than 21,000 shitcoins. Each one of them at some point was sold to suckers with the promise of outperforming bitcoin. Fewer than 20 shitcoins have done that & it won’t last for long. You hear a lot more about the shitcoiner wins but the losses are far more numerous
Shitcoiners portray bitcoin maximalism as sacrificing easy gains for principles. That’s bullshit shitcoin marketing. Shitcoining is negative expected value compared to bitcoin because you’re far more likely to get rugged & rekt by falling for proprietary vaporware shitcoin scams
If you listen to the stories of casino goers, you’d think gambling is a sure way of getting rich. The ruined don’t like to tell their stories as much as the fewer winners. But casinos don’t pay their bills by losing & Shitcoiners don’t promote their premined scams to your benefit
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