The irony is that if you ask Knut about Tether
(which launched on the Omni layer on Bitcoin, bloated the bitcoin blockchain for a couple of years before moving to Ethereum and Tron)
he will concede that USDT is a net positive
But the other stuff that’s not built by the holy Bitfinex-Blockstream-Square trinity is a shitcoin
Bitcoin is permissionless, but double standards apply
They're spelling it out.
The changes in Core v30 make it easier for them to "Enable new forms of crowdfunding, staking, and digital economies on Bitcoin L1."
Make no mistake, this is shitcoining, and it is a net negative to Bitcoin. Any "use case" that isn't making sending and receiving sats cheaper or more private IS an abuse case. They all make using Bitcoin as intended—i.e., as a medium of exchange across space and time—more expensive.
And no, there is no proof that the change will lead to "less destructive" shitcoining. What's more likely is that it will lead to more shitcoining.
Resist it by any means you can!
Run @BitcoinKnots, or at least don't upgrade. And, perhaps most importantly, call out scams whenever you see them.
The shitcoiners are running out of gullible morons to scam. "Crypto" is dead. That's why they now have to find new fools in the Bitcoin space.
Bitcoin is perhaps the most important software project in human history. Defend it, ffs!
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