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🚨NEW: Joe Rogan and Adam Curry talk about shitcoins JOE ROGAN: "Speaking of scamming, what do you think about shitcoins? CURRY: "The only coin I believe in is Bitcoin. Bitcoin will continue to go up until we're long gone. I don't believe in shitcoins at all. Bitcoin has no CEO, it has 10,000s of people running nodes globally." ROGAN: "I'm totally with you on Bitcoin but I think shitcoins are fascinating." CURRY: "They are scams. If I wanted to make a quick amount of money I'd make a shitcoin and I'd have my bots ready. I'd make something, I'd announce it, iI would make a lot of money, and I'd have my bots sell it right away. It's a scam over and over again. The only thing it's good for is pump and dumps. It's not good for anything else." @adamcurry is spitting facts. 🔥

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I was pretty disappointed with his description honestly for 2 reasons. 1) He described FTX as a blockchain, which is super inaccurate and doesn’t explain any of what happened there to people who don’t know. 2) Huge elephant in the room that they both seem to love Trump so much and had been talking about him and showering praises on him quite a bit up to this point. He says all shitcoins are scams meant only for pump and dumps, but doesn’t address that the sitting president started his term with a shitcoin scam.
You can almost always tell where people are at in their bitcoin journey. Hear about Bitcoin, Research and buy Bitcoin, Distracted by shitcoins, Buy shitcoins, Realize shitcoins are a scam, Buy bitcoin, Research Bitcoin more, Become a Bitcoin maxi. It seems to be a natural progression.
↩ replying to db
Hear about bitcoin. Research & buy bitcoin. (Not your keys, not your coins) Wonder what happens as the limited supply inches toward zero. (All bitcoin ends up in hands of powerful) Experience high onchain fees. Try LN. Too much effort for self-custody. Realize bitcoin's "digital gold" narrative rug pulled the OG p2p digital cash narrative and is designed to mirror the existing banking system. (So much for cypherpunk) Find several other trusted cryptos that each have their own unique features, but all share fast, secure & inexpensive transactions with built in fungibility, and some mainstream support. Think, if Bitcoin doesn't have a CEO who is managing all of the forks and development? Is running a node really a 'vote' (as they say) for decentralization, if all node runners regularly upgrade their nodes? Oops. Ordinals! Devs, "Did I do that?"
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No Agenda Adam Curry on Shitcoins. #Bitcoin #ITM
Nostr News Network's avatar Nostr News Network
🚨NEW: Joe Rogan and Adam Curry talk about shitcoins JOE ROGAN: "Speaking of scamming, what do you think about shitcoins? CURRY: "The only coin I believe in is Bitcoin. Bitcoin will continue to go up until we're long gone. I don't believe in shitcoins at all. Bitcoin has no CEO, it has 10,000s of people running nodes globally." ROGAN: "I'm totally with you on Bitcoin but I think shitcoins are fascinating." CURRY: "They are scams. If I wanted to make a quick amount of money I'd make a shitcoin and I'd have my bots ready. I'd make something, I'd announce it, iI would make a lot of money, and I'd have my bots sell it right away. It's a scam over and over again. The only thing it's good for is pump and dumps. It's not good for anything else." @adamcurry is spitting facts. 🔥
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