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@ Scrotus
2025-03-10 19:16:56
Most shitcoins will eventually go to zero and the ones that don't are going down it Bitcoin terms, but there is no possibility that all shitcoins go to zero. We've already got ETFs, 'tethers on tron', liquid, custodial lightning , ecash and a whole host of tools designed to scale bitcoin. If scaling up to a medium of exchange for the planet is going to happen (hyperbitcoinization) then the amount of value is going to be on bitcoins blockchain is going to represent everything there is. That is and will be in the future, a lot. i believe the natural evolution will include shitcoins because the at some point the farhter away we get from layer one the more trust gets introduced and at some point, call it the free market, there will be individuals who simply trust other solutions rather than bitcoin sidechains. Its already happeneing, just because the trust is unfounded does not change this. And there is other reasons for this too, convenience being one of them.
Basically all this to say if fiat dies AND we enter hyperbitcoinization, the shitcoins will be around in that future. so i think its good to come to terms with that and possibly use it to our advantage