Shitcoiners refer to real world events as "FUD".  This article further backs my point that non-fungible shitcoins have absolutely no use case for regulatory arbitrage, which is Bitcoin's only potential value proposition, rendering it worthless.  Tokens would have to be fungible and anonymous to have any regulatory arbitrage value.  It might have worked for things like Silk Road at the beginning, but not now when the govt and IRS monitor every transaction in real-time.

In that manner, if everyone switched from US dollars to Bitcoin in an attempt to prevent the govt from diluting their money via printing, since Bitcoin is literally a cashless society slavery system where every transaction is monitored in real-time, they would just tax your Bitcoin holdings at whatever rate to make up the difference of not being able to print.  Adopting any non-fungible digital shitcoin is a negative sum game where you receieve literally nothing and only get the 'benefit' of abolishing cash and being trapped in a Larry Summer's style, Chinese social credit score, slavery system.