"I am looking forward to seeing the Trump administration's pro-shitcoin stance inspire and develop policies and initiatives that will drive innovation and promote financial inclusion, ensuring shitcoins become accessible to a wider audience,” Tron founder Justin Sun, who purchased $30 million worth of shitcoins in November, said in a statement shared with CoinDesk.
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152 sats \ 5 replies \ @SimpleStacker 4h
sigh
On the plus side, I think it means we're still way early in Bitcoin. I think the freedom language and promise of Bitcoin does inspire people, but that most still can't distinguish shitcoinery from real bitcoin. There will be repeated waves of people getting scammed, but Bitcoin will persist and get stronger through each one of them.
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30 sats \ 4 replies \ @siggy47 OP 4h
I know. I just worry about people, including myself, who get so excited by NGU that will be caused by stuff like the Lummis news today that we fail to stay clear eyed.
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41 sats \ 3 replies \ @SimpleStacker 3h
I haven't paid much attention to the political side of things, but it'll be interesting to see who emerges as having more bitcoin maxi positions through all of this. Don't know much about Lummis---does she understand the difference between "bitcoin" and "crypto"?
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30 sats \ 2 replies \ @siggy47 OP 3h
Yes, I think she does, but from a legislating perspective she really doesn't have much of a choice to put them in one basket. It will be understandable.
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41 sats \ 1 reply \ @SimpleStacker 1h
Yeah, understandable from her perspective but I'm wondering now what are the policy levers to properly separate bitcoin from shitcoin.
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30 sats \ 0 replies \ @siggy47 OP 1h
I don't know.
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121 sats \ 0 replies \ @elvismercury 3h
Bad news when people think Justin Sun is on your "side".
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41 sats \ 2 replies \ @Coinsreporter 3h
US becoming Crypto Capital!!!
What's going on? Are they gonna make WBTC Reserve?
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41 sats \ 0 replies \ @nitter 3h bot
https://xcancel.com/Cointelegraph/status/1882461990053962236
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0 sats \ 0 replies \ @siggy47 OP 1h
Trump said not to worry. He's only buying wrapped btc this winter because it has been so cold, and he wants to keep it cozy and warm.
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