Let's criticize other bitcoiners: Who are the influencers to AVOID? \ stacker news ~bitcoin

Let's criticize other bitcoiners: Who are the influencers to AVOID?

2202 sats \ 38 comments \ @birdeye21 9 Jul 2023 bitcoin

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.

view all related items

296 sats \ 13 replies \ @era_sed 9 Jul 2023

deleted by author

0 sats \ 12 replies \ @03365d6a53 9 Jul 2023

I'd say that's a questionable point of view - why do you consider ordinals, and stax, to be bad?

132 sats \ 3 replies \ @birdeye21 OP 9 Jul 2023

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..

10 sats \ 2 replies \ @03365d6a53 9 Jul 2023

how is stacks different to, say, liquid network?

in terms of being considered a shitcoin

34 sats \ 0 replies \ @Lumor 9 Jul 2023

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.

17 sats \ 0 replies \ @eduardopro 9 Jul 2023

Stacks operates a perpetual ICO and Liquid doesn't.

1 sat \ 0 replies \ @muteness11 9 Jul 2023

This should give you everything u need to avoid Stacks

https://podcasts.apple.com/nl/podcast/muteness11-from-behind-the-curtain-of-a/id1497540130?i=1000583136159

0 sats \ 6 replies \ @era_sed 9 Jul 2023

deleted by author

10 sats \ 5 replies \ @03365d6a53 9 Jul 2023

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)

106 sats \ 1 reply \ @TonyGiorgio 9 Jul 2023

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.

100 sats \ 0 replies \ @kepford 9 Jul 2023

Right! Support and appreciation is earned.

10 sats \ 0 replies \ @era_sed 9 Jul 2023

deleted by author

0 sats \ 0 replies \ @03365d6a53 10 Jul 2023

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.

0 sats \ 0 replies \ @birdeye21 OP 10 Jul 2023

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

240 sats \ 2 replies \ @eduardopro 9 Jul 2023

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.

1 sat \ 1 reply \ @jase 10 Jul 2023

That dudes a pest

0 sats \ 0 replies \ @eduardopro 16 Jul 2023

Indeed.

124 sats \ 0 replies \ @2bithits 9 Jul 2023

Best not to be influenced by anyone & DYOR about what they're saying is true.

136 sats \ 0 replies \ @era_sed 9 Jul 2023

deleted by author

102 sats \ 0 replies \ @era_sed 9 Jul 2023

deleted by author

11 sats \ 1 reply \ @eluc 9 Jul 2023

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.

0 sats \ 0 replies \ @birdeye21 OP 10 Jul 2023

“On-chain analysts” predicting bull market moves were hilarious

20 sats \ 0 replies \ @gnilma 9 Jul 2023

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.

11 sats \ 1 reply \ @Zepasta 9 Jul 2023

CryptosRUs, fake bitcoiner who promotes shitcoins.

0 sats \ 0 replies \ @birdeye21 OP 10 Jul 2023

I used to watch that dude years ago lol

11 sats \ 0 replies \ @muteness11 9 Jul 2023

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

10 sats \ 0 replies \ @ae52f929c 9 Jul 2023

I don't need influencers to understand Bitcoin. The game theory is self documenting.

211 sats \ 2 replies \ @pako 10 Jul 2023

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.

0 sats \ 1 reply \ @random_bitcoiner 11 Jul 2023

While it's true that Saifedean could stay in his own lane, I still think his views on economics are mostly on-point.

0 sats \ 0 replies \ @pako 12 Jul 2023

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...

60 sats \ 1 reply \ @skreep_ 10 Jul 2023

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.

0 sats \ 0 replies \ @birdeye21 OP 10 Jul 2023

Interesting, will have to take a look at that interview

21 sats \ 0 replies \ @k00b 9 Jul 2023

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

30 sats \ 4 replies \ @DiracDelta 9 Jul 2023

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

10 sats \ 1 reply \ @birdeye21 OP 9 Jul 2023

why don't you tell us briefly here

41 sats \ 0 replies \ @DiracDelta 10 Jul 2023

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
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.
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.
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.

0 sats \ 1 reply \ @_stacktoshi 13 Jul 2023

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.

0 sats \ 0 replies \ @DiracDelta 14 Jul 2023

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.