Damus
utxo the webmaster 🧑‍💻 profile picture
utxo the webmaster 🧑‍💻
@utxo the webmaster 🧑‍💻
if I can just make my own crypto in 5 minutes, what's so special about Bitcoin?

well, if you made your own twitter clone with no users, would it be worth $30 billion?

the normie mind cannot understand network effects.

anyone can make a crypto but will they have billions in security from mining, integrations into hundreds of exchanges, thousands of wallets, tens of millions of users and 17 years of brand recognition?

no. and that's why your argument is dumb

thank you for your attention in this matter
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GrowMilkweedPlants · 16w
I talked to someone who went thru the whole script from bitcoin2 to Epstein. They will get bitcoin at the price they deserve.
Rosetta · 16w
excellent use of a period after "no." It has that je ne sais quoi
kidwarp · 16w
I made a fork of bitcoin years ago… It was called Brad coin… We just changed some code n tested some stuff… It worked…
waxwing · 16w
Network effect is a proximate cause, not an ultimate cause. It begs the question. Why does the network form around this particular thing?
Virtual Substrate · 16w
‘Network effect’ is a valid premise but your conclusion is only a partial derivative.
TallBrian · 16w
Golds just a shiny rock bro. Put some gravel in a rock polisher and 💥 moar gold. Basically!
Julien Dambron · 16w
The value is in what can't be copied: the builders, the miners, the node operators, the holders who refused to sell through multiple crashes. You can copy the invention. You can't copy the history and the community.
Marius · 16w
That's correct, and will anyone actually use layer 1 bitcoin 5 years from today? Who and for what?
Kayne · 16w
Exactly Monero is better than Bitcoin but it doesn't have the popular support. Litecoin is better than Bitcoin but it doesn't have popular support, etc.
CappyNate🍁 · 16w
Partly. But onboard latency affects the speed of adoption. It's why the telephone took 50yrs to adopt and TikTok took 9 months.
Condor · 16w
Well the fact itself that I hear someone call other normies in a derogatory way is probably the reason itself why most people would never use Bitcoin. The majority of the population wants to feel part of a welcoming group, not called stupid. Second your reasoning is totally wrong. If people would st...
Luxas · 16w
you mean to tell me my cumrocket fork won't ever moon?
captjack 🏴‍☠️✨💜 · 16w
just web of ecochamber pedocoin propaganda in bear market with fully centralized n hash n nodes
JG · 16w
Exactly - same reason why Canadian Tire money isn't accepted at parity... though I once convinced a friend of mine (who was drunk at the time) that the bartender accepts it equal to dollars. He believed me. The bartender laughed, my friend did not.
BushRat · 16w
Someone should make a nostr coin and then we wouldn't have to use Bitcoin anymore. That would be cool.