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100 sats \ 22 replies \ @justin_shocknet 21 Apr \ on: What is the shittiest shitcoin? AskSN
Monero, because it's unique in its psychological exploitation.
It's not about gains, utility, or in-grouping like every other shitcoin, but a much more insidious attack on Bitcoin by perpetuating false narratives about privacy.
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🤣
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What are the false narratives?
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Any contrast to Bitcoin, whether that its more private, a "true" digital cash vs. a speculative vehicle, more utilitarian, more ethical...
It has to justify its existence by comparing itself to the standard which is Bitcoin, and by every measure it is found wanting.
It's more insidious because it's inherently divisive. Your typical scam coin is only there to make gains in a zero-sum environment which as we know can't escape the gravity of Bitcoin being the measure of wealth.
By my own logic though maybe BCash should be the shittiest shitcoin.
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strangely enough... OP didn't put BCH and XMR in the poll...
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time for a ~conspiracy post re: @elvismercury
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XMR would never have occurred to me, since real people actually use it for real stuff, and have done for years. It provides practical utility, right now. The objections to it are still unclear to me.
BCH's shittiness I already perfectly understand, so no reason to mention it.
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stupid people use it for stupid stuff ... It feigns utility
autocorrected
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If you have a more substantive critique of XMR I'd be interested in reading it.
It provides practical utility, right now
Oh you are one of these?
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Every year we have new candidates, from what I’ve seen. This year it’s Kaspa and XRP.
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XRP is the opposite of a new candidate.
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It's not new, but it's the trend of the year.
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