35 crypto companies got together to make a change dot org petition called “Bitcoin Deserves an Emoji”.
F that
normalizing scams, by laundering their image via standards organizations, pollutes our communications environment. Both an emoji and a petition are symbolic - and our symbols are in fact important.
Bitcoin isn’t a scam. All non-bitcoin cryptocurrencies are scams.
People often hear about stuff like coins that are pre-mined, or proof-of-stake and the schemes and scans that come out of those, and immediately associate Bitcoin with the same thing.
Of course bitcoin is a scam. It’s a “currency” you can’t spend anywhere. It’s only purpose is a pump and dump scheme for early adopters.
That is also not 100% true. There are several altcoins with fantastic utility. Monero and Ethereum come to mind.
Exactly. Most cryptocurrencies are scams, but a handful are fantastic. Ethereum is cool for being proof-of-stake (so no high-energy mining), and Monero is cool for being super privacy-oriented. There are a handful more, but honestly, if you stick with Bitcoin, Ethereum, and Monero, you’ll be fine.
Ethereum has scam characteristics though. The creator Vitalik gave himself time to mine it alone before giving public access. He secured for himself quite a nice stash
