6 sats \ 0 replies \ @birdeye21 OP 25 Jan \ parent \ on: Naivetes in Bitcoin bitcoin
Yep. I think the reality here is that all investing/trading/gambling as there is today will continue to exist as it always has.
Nothing about bitcoin existing will stop people from investing capital into growing businesses.
Scammers will always be around to try and shitcoin you out of your bitcoin/hard assets. Always have been in tradfi, crypto didn't necessarily invent "shitcoining" as a concept.
Tradfi is also starting to become more and more synonymous with "shitcoining" since we have larry fink shilling the tokenization of everything. "Shitcoining" is likely going to become bigger than it ever has before.
The only difference on a Bitcoin standard will be a leveling of the playing field. A bitcoinized economy is more fair and more competitive. No more infinity dollars to prop up dying businesses, you either produce long term value or watch your valuation rug like a shitcoin. Market forces will sustain whoever is adding value