How can there be shitcoiners on bitcoin , I am confused.
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Where have you been living? Runes and Ordinals use the Bitcoin blockchain to spam with their shitcoinery.
Ah right in my definition shitcoins are protocol coins that try to compete with bitcoin (i.e cheap bitcoin copies).
They figured out ways to get data to kind of be tacked on to some transactions, I am not a dev or computer scientist so can’t explain in great detail but I donno kind of same argument as government “don’t damage or alter the notes” well these people are claiming to have sats with graffiti on it I guess and they feel that makes them more special and valuable, good for them. Others care only about fungibility and want to maximize that. Market dynamics and forces at play. I like watching and fiddling anyway not too concerned about trying to bend much of it to my will or what I think it should be.
Scams. Not every scammer is a shitcoiner but every shitcoiner is a scammer
Why not just say scammers then?
Because not every scammer is a shitcoiner. Someone who scams your granny selling detergent isn't a shitcoiner. Someone who is making tokens to scam your granny is a shitcoiner. Shit Coiner using Shitty Coins. Bitcoin is fungible by nature. Sats DO NOT EXIST by nature. When you make "colorful" SATS non-fungible you are hallucinating a shitty coin into gullible idiots minds and you become a shitcoiner headful of shitty coins.
But hang on by that definition every issuer of stock, share, credit, token is a scammer?