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I'm noticing some newcomers to Stacker News, and over the years I've observed countless "Bitcoin-gone-crypto" influencers falling off the deep end.
Pomp is one that comes to mind -- I used to have a lot of respect for him until he started shitcoining.
I figured it could be helpful to highlight some of those "bitcoin influencers" out there who aren't here for the right reasons. This may help those who are just beginning their journey with Bitcoin as well as others who've been around for awhile.
Please explain why you'd recommend avoiding a certain influencer so others have good context, and so we're not just hating on those who may actually have value to provide.
Udi.
Even if he's just engagement farming, he's a pest and should be avoided at all costs.
And he's probably an operative, but no one can prove that.
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That dudes a pest
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Best not to be influenced by anyone & DYOR about what they're saying is true.
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I will give names but any YouTuber or Twitter influancer that try to make you think they havr good inside about the price evolution but in they end they have (and nobody could) no clue about what will happen with price, it's just pure clickbait that will mostly leave you uninformed about the real topics: which are why and how to use Bitcoin properly (and even so it stays someone opinion on vaste and complexe topic that always evolve). And if you listen carefully, they will always conclude by saying directly or indirectly that price could go up or down or stay the same. What a shitshow.
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“On-chain analysts” predicting bull market moves were hilarious
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Human is fundamentally flawed; no one is perfect. Good ideas can come from bad people, and bad ideas can come from good people. Instead of telling people to avoid someone, maybe ask people to think critically and do their own research when exposed to ideas / narratives / promotions / media? I don't think any bitcoiner, or even shitcoiners should be avoided; instead, each idea presented by a person should be analyzed and determined by the receiving individual themselves whether it's a good idea or a bad idea.
Please be humble enough to realize that good ideas are good no matter who they come from; likewise, bad ideas are bad no matter who came up with it. After all, the humble part comes before stack sats.
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CryptosRUs, fake bitcoiner who promotes shitcoins.
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I used to watch that dude years ago lol
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Do NOT avoid any Botcoin influencer ..just take what is valuable and neglect anything being "sold" to you :)
Anyone who has been in the Bitcoin space for a while knows there isnt much value in these pods as they repeat the same message over and over ... same guests circulate between pods too LOL
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I don't need influencers to understand Bitcoin. The game theory is self documenting.
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Saifedean Ammous, he might had written The Bitcoin Standard which apparently orange pilled a lot of people, but the guy is nuts, he's slowly becoming the Alex Jones of Bitcoin influencers, the more I read him on Twitter or hear his podcast the more I understand why Taleb become anti-bitcoiners and I can't blame him. I've decided to stop following him just to keep my mental sanity.
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While it's true that Saifedean could stay in his own lane, I still think his views on economics are mostly on-point.
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I never said he's wrong, I have not read his whole book (personal disinterest because I have issues with the author as it was clearly shown in my first comment) only part of it, and yes, in that matter he's on point, but in everything else... Well...
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I'm focusing more on the "Let's criticize bitcoiners" and less on avoiding this person, but,
Jack Mallers. His heart is generally in the right place, but have you tried sitting through his "podcast" with Jack Dorsey yet?
Granted, it was his first shot at podcast host but I burst out laughing almost every time JM spoke the first 15 minutes in a form of confused and uncomfortable shock. Turned it off near the 30 minute mark because I couldn't keep going.
Felt like the thoughtful creator of a multi billion dollar platform was being interviewed by a disorganized high school stoner with undiagnosed ADHD. Maybe burning one down before his first ever recording of a podcast was a bad idea?
and FUCK FUCK FUCK Jack, we get it, you like the word more than umm or uhhh. Work on your vocabulary.
Anyway, Jack Mallers is firmly in my "not meant to be taken seriously" column for now.
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Interesting, will have to take a look at that interview
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If you’re the gullible type I’d recommend avoiding most of them and sticking to those that lead what I’d call an examined, principled life. There’s only a handful. They’re easy to spot
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Y'all are playing on easy mode. You might as well say something like Kevin Pham, or even Roger Ver while you're at it if you're just gonna mention shitcoiners like Udi and Dan Held. 😂
Like "controversial opinion" threads that aren't actually controversial, so here's my hot take: fuck Jeff Booth and fuck you if you like his book. Brief thread on why: https://twitter.com/DiracDel/status/1552026649226383360
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why don't you tell us briefly here
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Ok
  1. I heard from someone else he stated money would not be needed in the future due to abundance, indicating a deep failure to understand money
  2. His book spouts lots of gibberish about tech he does not understand. Chat GPT could write a better indefinite optimism book. Ironically, and probably related to point 1, he fails to grasp his own thesis, and the title of the book is its high water mark.
  3. He literally refers to himself as a "visionary" on his VC firm called ego death. Now, as a regular guy, he has done well for himself in business and his business success would be laudable -- however, throw in the word visionary to describe a middling construction materials biz, and I will smack the shit out of you.
  4. He is so busy on his thinkboi celebrity circuit, he doesn't actually run his own VC firm, and has a hot sauce lifestyle business owner in NYC calling the shots -- it is basically a humiliation ritual inflicted upon great founders (and I do not use that term lightly). Adding to that, I know a bit about some of their portfolio companies and am privy to the decks they used to raise. Anyone curious can DM me about that.
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Fuck you very much for your shit take. Jeff's the man and his book was much better than yours (what's that called again?). 😂 🤙
Are you really gonna argue with his main thesis that technology is inherently deflationary and that we as a society should stop trying to prop up prices via the money printer?? I'll grant you that some of his talking points aren't fully flushed out, like what policies countries should adopt in order to avoid a complete collapse of their institutions and the ensuing chaos. He should definitely spend more time building and less time on the 'thinkboi celebrity circuit' and stop propping up tradfi & shitcoin ponzis to the extent that he does, but his book crystalized reasons why deflation isn't the devil that keyensians have always made it out to be. That was my main take away. If you can refute that or provide a better argument in support of that thesis, I'll take back everything I just said.
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Challenge accepted.
I did not take the time to write an entire book full of prose, but I provided a far more robust and succinct explanation in this newsletter post: https://heaviside.substack.com/p/bitcoin-is-the-energy-minimal-system
I might write a book at some point.
There is a post on StackerNews now be some fiat cuck confused about how the world works on a fixed/deflationary money. I imagine if someone combined the precision, correctness, and brevity of my post with the ease of reading that Booth supposedly provides, it might prevent things like that.
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I'd say that's a questionable point of view - why do you consider ordinals, and stax, to be bad?
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Stacks is a shitcoin
Ordinals I am indifferent about, but what’s questionable is someone whose been around as long as Dan held still going down the shitcoin path…doesn’t seem like Dan truly held all this time..
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how is stacks different to, say, liquid network?
in terms of being considered a shitcoin
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L-BTC is at least 1:1 with BTC, so they didn't create their own money-supply. You can issue Tethers and others on top in a more native way on Liquid than on Bitcoin I believe, but they also target stocks, which is more honest than tokenomics pump-n-dumps.
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Stacks operates a perpetual ICO and Liquid doesn't.
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Projects like this deserve our support. if there is another "smart contract on bitcoin" layer 2 enabling technology, we should push the benefits of that, rather than poo pooing an existing team that is actually trying to build infrastructure atop the timechain, on shaky assumptions
If Bitcoin layer 2s have their own tokens, those tokens might be shit / second best, but it doesn't mean the project itself is necessarily shit
ps - thanks for the links, the second one did actually contain a link to an analysis, although the phrasing of it betrays some author bias: https://sonofsats.substack.com/p/stack-sats-not-stacks-stx
I have no STX bags, nor ordinals, but I would like to see some appreciation for projects building on bitcoin and what they bring to the table (as well as criticisms)
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Nobody deserves anyone's support or appreciation. They're a shitcoin company scamming others on top of the bitcoin name. The fact that you would even say "I have no STX bags" right there proves you have enough knowledge to come to the same conclusion that it is a shitcoin.
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Right! Support and appreciation is earned.
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so much vitriol and hatred for stacks!
very few comments with reasoned arguments (beyond the fact they created an altcoin)
I did follow some of the links, and I see now there are some attributes of the project that might give pause for thought (such as the funding model, and some actual / serious technical challenges leading to an upgrade)
my point is, and was, if you're going to criticise something (and especially someone), the least you can do is back it up with reasoned argument or a link to a reasoned argument / source for the argument.
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if any company or person is trying to divert your money from BTC into any other token, it’s a sham
it’s even worse when they try to orange wash their token
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