btcselfcustody on Nostr: There's a lot of confusion around the #shitcoins. I've seen people criticize others ...
There's a lot of confusion around the #shitcoins. I've seen people criticize others who acquire #Bitcoin by selling shitcoins.. So what's the problem?
Some people have very limited access to fiat money. They have to pay rent, cover bills, and simply can't afford to buy Bitcoin directly. But some of them end up finding ways to earn shitcoins, maybe by validating or contributing, and eventually convert those earnings into Bitcoin.
And that's fine.
Let’s not forget: fiat currency is the biggest shitcoin Ponzi scheme. Many people around the world can’t even save in fiat, so they need to find other assets they can later sell for Bitcoin.
Honestly, it gets frustrating to see toxic maximalists dictating how someone should stack sats.
The goal is stacking sats, NOT how!
Published at
2025-05-04 13:54:23Event JSON
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"content": "There's a lot of confusion around the #shitcoins. I've seen people criticize others who acquire #Bitcoin by selling shitcoins.. So what's the problem?\n\nSome people have very limited access to fiat money. They have to pay rent, cover bills, and simply can't afford to buy Bitcoin directly. But some of them end up finding ways to earn shitcoins, maybe by validating or contributing, and eventually convert those earnings into Bitcoin.\n\nAnd that's fine.\n\nLet’s not forget: fiat currency is the biggest shitcoin Ponzi scheme. Many people around the world can’t even save in fiat, so they need to find other assets they can later sell for Bitcoin.\n\nHonestly, it gets frustrating to see toxic maximalists dictating how someone should stack sats.\n\nThe goal is stacking sats, NOT how!",
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