I didn't know where to post this. Bitcoin? Conspiracy? I settled for econ. This seems a little too much like doom porn, but it's fun to think about.
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166 sats \ 0 replies \ @0xIlmari 29 Jan
I did not think ZH to be such a statist pussy. "Please, Mr Government, regulate me more because I'm scared of AI." Quite the stark contrast from the character he represents by his avatar.
And all this based on a scenario that shitcoins go rampant. Seriously, this happens every 4 years, we've gotten used to it now. Just hold fucking Bitcoin and you'll be safe.
Also, this is such a fucking pathetic US-centric take. There's a world outside 'Murica, you know. The US gov't can't and shouldn't be fixing global "problems" (if they are even problems).
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51 sats \ 0 replies \ @kristapsk 29 Jan
Don't trade shitcoins = problem solved!
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62 sats \ 0 replies \ @OT 29 Jan
I don't see how a bunch of AI's producing new crypto projects, promoting and capturing all the gains will have much effect on Bitcoin. They still need to sucker holders to give up their sats for sh$tcoins.
IDK, maybe they can with the amount of dumb money out there. I do know they won't be getting any of mine!
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62 sats \ 1 reply \ @south_korea_ln 29 Jan
Too many assumptions to take it seriously.
This one sounds extra-stupid unless I missed something.
Where would this endless supply of AIs, supposedly endlessly buying and trading, get their money from to keep the Ponzi going?
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67 sats \ 0 replies \ @freetx 29 Jan
Moreover how is it materially different than what is actually happening? Does it matter if AI is running pump-and-dumps vs people?
A funny stat I saw the other day. There are now 22M different coins....that is there are more "crypto projects" than there are actual bitcoin.
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41 sats \ 0 replies \ @grayruby 29 Jan
It’s a bit far fetched but a worthwhile thought experiment.
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