Damus
Vlad, Bitcoin Takeover Podcast profile picture
Vlad, Bitcoin Takeover Podcast
@Vlad
My favorite Bitcoin maxi conversation revolves around the “99% of altcoins are scams are scams” argument

Every time I ask what are the 1% (or 0.1%), people frown at me & give the most predictable NPC answer which usually doesn’t mention any coin names but calls me a shitcoiner.

Very few guys have the balls to admit that Monero, Litecoin, Grin & Kaspa are fair. Even fewer dare to admit that Ethereum and Zcash have merits and push research beyond commonly held beliefs about what is possible and what is not.

But I’m always amazed to discover how out of touch these guys are when it comes to markets. Some will openly say that USDT is great… but mention you should only use it on Liquid & Taproot Assets where the liquidity is abysmal. When you mention that Tron, Solana & Ethereum have 1000x more volume, they will make some predictable excuse about Tether not needing decentralization.

If you point out that WBTC on Ethereum has 100k BTC locked in it while Lightning is stuck at 5k for half a decade, you’re a shitcoin apologist with high time preference.

But the same guys who call themselves maximalists will express strong (and extremely predictable) views against Drivechains, ZK rollups, ZK STARKs & Shielded CSV. You know, the stuff that actually scales Bitcoin and brings more users from other networks in order to pay the miners for security.

This whole culture is beta decel fuckery, not much different from Amish people preaching to city dwellers that electricity is evil. Burn it all to the ground and learn to ignore the grifters & feds who try to stall progress for their own benefit.

Try new software, learn new stuff. It doesn’t cost you anything to install a wallet, join a Telegram chat where community members will gladly send you some coins to play with, and think about whether or not you’d like to see it on Bitcoin.

It costs you nothing to think for yourself instead of reciting from the lazy NPC textbook. It costs you nothing to understand the spirit of open source software, where people run experiments to test new ideas in the wild.

2017 was 8 years ago. So much has improved since then. You’re probably smart enough to distinguish between something that pushes new tech and a memecoin/ICO token.

Escape the matrix and dare to explore and ask questions. Outside the Bitcoin drama, there are people who actively build the future of money and finance. It’s all open source. To survive, Bitcoin will have to embrace some of it. It’s better to learn now than to fall behind.

Remember the wonder of discovering new stuff about how Bitcoin works? You’ll find much more of that in Ethereum, Zcash, Monero, Kaspa, Quai, and other state of the art blockchains that truly push the limits of the parameters some people built cults around.

You call yourself free, but you’re afraid to try Ethereum which is an implementation of Bitcoin’s colored coins/Counterparty? You like Blockstream, but you haven’t tried their tech on Monero and Litecoin? You think you understand how privscy works, but you never tested the Zerocash protocol on top of Satoshi’s tech (Zcash)?

It’s time to start learning! The future of Bitcoin depends on it.
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idsera · 24w
What about https://www.spark.money/? I never saw you talk about it.
nostrich · 23w
We know you are a shitcoiner in your soul and a troll as well. So this kind of notes are expected from you. Bitcoin has no 2nd best nostr:nevent1qqsz8zkcnkr9yz7h5svn4yszlkn4h36p5ms7fttzwx8m4p0fng6sn7cpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsxn4gp4 nostr:nevent1qqsxc4myv7j4ysvns0gck4kt3x5qdw7la704wdtp69l...
WildBill · 23w
Btw, Kaspa fixes all of this. It’s solves the trilemma.
kcbitcoin · 23w
Thanks for being open-minded. Only after exploring about the design, technical stuff and utility of other coins can we truly appreciate the beauty of Bitcoin and how irreplaceable and unique Bitcoin is
trev · 23w
You have been ragebaiting me a bit lately, but I'll bite on this normal post because I've been saying "99% of all coins are scams" for many years. To preface, I've been in the industry for 5 years and dealt with the tech/code of more than 25 crypto projects. My 1%: Bitcoin (until it becomes non...
Desert Dave · 23w
🤮
Jedi · 23w
You failed to mentioned Handshake. A great project with no premine and nonbullshit tokenomics. It's more worthy than ETH for sure - A true dis-intermediation of top level DNS.
Mashi mashi · 23w
A bunch of non-sequitur
Azz · 23w
Bitcoin only has been a psyop since at least 2019.
youngMoney · 23w
All the alts I looked at were shit so far, some guy could print more for himself whenever he wanted It’s possible that some other ones are solid but I doubt it and I only need one, bitcoin
Tauri · 23w
99%? No, 100% of altocoins are either shit or scams.
Weatherall · 23w
you forgot $erg
LaserEyesPsy · 23w
Bro failed the bitcoin ego test. Sorry mate you’re the one out of touch.
Kayne · 6w
Thankyou for this. It's a breath of fresh air seeing someone on nostr who isn't just a retard(one way or the other)
Lunapilot · 6w
Bitcoin maxies are hindering the development of tech and haven't worked out that only having one coin is a very centralisation thing to do. Yes, 99% of coins are scams or very flaky but even those have some utility as learning tools or practice tech. Even the meme coins - if it helps people learn...