Read_446 - The Great Plague of Shitcoinery [Thibaud Marechal]

Published: Oct. 6, 2020, 12:05 a.m.

"Battles in the money market aren\u2019t about incremental technology features, but fundamental monetary properties. Bitcoin is a pragmatic monetary evolution, which contrasts with shitcoin issuers misrepresenting a delusional technology revolution." - Thibaud Marechal\n\nAnother great piece on the incentives and misunderstanding of the shitcoin mindset. It isn't a technological revolution, it is fundamentally a monetary one! Thibaud breaks it down amazingly in this piece and Guy gets into some history of the shitcoin term and how so many projects have the entirely wrong understanding of the value in this revolution. Don't miss another excellent one from Bitcoin Magazine\nOriginal Article: https://bitcoinmagazine.com/articles/the-great-plague-of-shitcoinery\n\nA huge thanks as always to Hexa Wallet! Don't forget to shoot me a message if you want to add me as a contact or use me as a part of your backup. Happy to assist! Check them out at Hexawallet.io\n\nSome of the great articles mentioned in this episode to expand on these ideas:\nBitcoin is Worse is Better - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_327---Bitcoin-is-Worse-is-Better-gwern-e9e9iv\nBitcoin & Software Reliability - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_254---Bitcoin--Software-Reliability-beautyon_-e46lnu\nOn Schelling Points, Network Effects, & Lindy - https://anchor.fm/thecryptoconomy/episodes/Read_417---On-Schelling-Points--Network-Effects---Lindy-Willem-Van-Den-Bergh-eghjp4\n\nAnd dont forget to check out our new show all about Shitcoinery! Shitcoin Insider is where we dig through all the crap so that you don't have to! XD\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message