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529 sats \ 8 replies \ @m00ninite 2 May 2023 \ on: Are BRC-20 tokens positive or negative for Bitcoin adoption? bitcoin
Doesn't matter. Nothing anyone can do about it aside from screaming into the wind.
For the record, I think it's mixed. High fees suck, but we were always going to eventually end up with higher fees. Think of it as a strong incentive for new users to go straight to Lightning.
Telling people not to shitcoin, even if its on Bitcoin, is not doing nothing. Its rather doing something on the social layer of Bitcoin rather than the tech stack.
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I appreciate Casey's "harm reduction" argument for NFTs and shitcoins on bitcoin. People were going to do it anyway (and they certainly do, no amount of yelling about it has stopped them), at least bring them into the fold where they won't get fucked as hard. I don't care about any of that stuff, but in general, it's better from a net-harm perspective.
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I 100% disagree. It does not reduce harm in any way shape or form. It makes the scam seem more legitimate. A scam is a scam. There is no morality in writing code for it.
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People want to do meth, and you can't stop them. Best thing you can do is give it to them clean and a safe place to do it.
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Guy who's never heard of a rehabilitation center: https://americanaddictioncenters.org/rehab-guide/free
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Harm reduction and rehab are separate things. Rehab only comes after the addivt has admitted to themselves that they have a problem.
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2 things
- It doesn't reduce harm
- Why are you comparing shitcoins to drugs anyway?
Drugs are addictive. Addicts can't stop because its all their mind craves. Shitcoins are just scams and people just need more information as to why and how that is.
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I didn't even know these stupid things used the imagination protocol known as "Ordinals"
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