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? 

 There is a fashion to call everything a shitcoin in the bitcoin community, i think here original topic was how can there be shitcoiners on bitcoin 

 In any case what your listed at securities in my humble understanding so they all have potential for „shitcoinery“ indeed