Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 05/08/2023, 18:28:23 UTC
Hopefully you are in bitcoin.. Fuck shitcoins.  Hopefully you are not in crypto or shitcoins.

Hopefully, you can also attempt to not use the word "crypto" if you are really talking about bitcoin, rather than shitcoins, and if you are talking about both bitcoin and shitcoins, then hopefully you can be a bit more clear about what you mean
I think this should be the second time I am seeing this correction that using "crypto" when referring to Bitcoin is wrong. Correction is taken and going forward, Bitcoin is Bitcoin... well learning is a continuous process. Also, for the purpose of knowledge, where did the world "cryptocurrency" come from? I read somewhere that Satoshi never mentioned that word instead he used Cryptography.

Many times my objections to the term "crypto" or "cryptocurrencies" is because it is being used in ambiguous and amorphous ways, and if how can the reader know what the fuck you are talking about unless you specify or there is some kind of context.  If you are actually talking about bitcoin, then use the word bitcoin, and if you are talking about bitcoin and other stuff, then maybe it is better to make it clear that you are talking about bitcoin and other stuff, and your clarifications regarding what you are talking about may well assist you in terms of your making yourself more clear about what you are saying.

On the other hand, we also see the term "crypto" and/or "cryptocurrencies" being used in ways that are sloppy or even seeming to purposeful attempts to mislead, or maybe to attempt to make it appear that someone has more knowledge about what they are talking about than they do.   

I doubt that it matters very much about the extent to which satoshi may or may not have used the word crypto, but I do know that several times, he mentioned that he expected that there were going to be a decent number of projects and/or coins that would be imitating bitcoin, and sure Satoshi was not even around for very long and/or active in the bitcoin community very long - It was right around 2 years that he was known to be active, so he might have had been able to refer to some specific events that had not yet happened in bitcoin or in relation to bitcoin.

By the way, even though so many folks seem to want to appeal to various authorities, including that satoshi should be an authority over any particular topic,  yet part of the problem with that appeal to authority is likely a pretty BIG part of the rationale for satoshi leaving (if we might presume that s/he/it did not die).  So even though it should not (and does not) matter what satoshi thinks, people still do attempt to go back to some of his various words in order to get validation for interpretations regarding his vision and/or intentions. which are not necessarily bad things to do if there might be some weighing between possible competing courses of action.. to then try to go back to some of the ideas regarding.. what was the purpose of bitcoin, and does any kind of particular use case contradict how bitcoin was designed or which version (course forward) fits better with how bitcoin was designed.


Frequently shitcoins are affinity scams, and so if you know what that is, or you understand the idea, an affinity scam tries to get close to the original in order to either appear like the original or to attempt to assert it is better than the original. or maybe even confuse people in regards to the affinity scamming project as compared with bitcoin, and sometimes the original (bitcoin) will get criticized through a variety of the affinity scams talking points, if you are so gullible to either follow such nonsense or to try to grapple with such nonsense, so frequently, you might attempt to distance yourself by asserting that you are not even going to pay attention to any of the BTC wannabes unless they might start to appear to be at least 10x better than bitcoin, and almost none of the shitcoin projects are able to accomplish such...and it is your choice whether you spend your time, energies, mental power and/or money to get involved in the various shitcoins... and sure when we are talking about that crap in this thread and in other threads, we are frequently distracting from the main topic too...so there are other places in the forum that are receptive to various kinds of shitcoin and shitcoin project discussions - including folks who want to trade such shitcoin projects to make more bitcoin.. and even those are likely wastes of time, energies and money, but members are free to do whatever they like and to invest their time, energies and money however they like.. including whether they go BIG into various distracting projects or if they try to modify (or dilute) their approach.. or diversify (which also may well not be necessary, needed or even profitable to get trapped into thinking that diversification into shitcoins is a "positive thing.").