Yes i'd say 99.9% of the tokens created are bullshit i agree but i'll be fair with the .01% that are not crap.. It's maybe like 5 projects that aren't crap, lol. So here's what i mean by that. So when bitcoin first started everyone thought it was pyramid crap maybe started by the russians, cia, bilderbergs, illuminati, mastercard you name it lol.

What set bitcoin apart was it's narrative of revolution. It's narrative of freedom. So alot of people falsely misconstrue bitcoin as a capitalistic usd model where the only difference is the government isn't printing any money. However the actual bitcoin's genesis was entirely different than that.

For example if you go any bitcoin original dev you will find hours of code done that they weren't paid for. Does that sound like capitalism to you? You will find people like bitcoin jesus or roger ver who spent the first several years of bitcoin giving away as much bitcoin as he could. Does that sound like free market capitalism to you?

You will find that people were more motivated by social change and freedom than being able to buy a lambourghini. Does that sound like free market capitalism to you?

Yoiu see my point isn't to say that bitcoin was meant to be a socialist crypto or communist or what have you. What i am saying is that none of these things that made bitcoin successful are followed by any crypto projects out there. if they were to be on the wavelength of bitcoin i'd imagine they'd follow a similar course.

So i say all of that to say this I'ts not that people are creating tokesn and that's the problem. The problem is the social dynamic of what made bitcoin successful is a mindset they don't have nor understand. If they really understood and knew the history of how bitcoin became what it was. Then the narratives they form would be different.

You see this new narrative of cryptocurrency came about after institutions got involved and only wanted to make money.. What i'm expressing is bitcoin was something far greater than that. Now the reason it will have a problem continuing that success is because the institutions control so much of it now they probably will try to control that narrative is my opinion.

So i don't wanna say every crypto created is a bad crypto. I think that would be a bit disingenious of me. .I will say the way it's going i wouldn't expect over maybe like 5 projects to fit a good quality crypto category.

We go from bitcoin early developers who worked for free with nothing but their passions and will to make a better world to developers just cloning chain after chain just like hive did...it's no real value there it's just regurgitation and casino like economics to lose your money it's certainly the thought process of unaware .. i don't wanna say lesser minds i think that's insulting so i'll instead say ignorant minds.. meaning they don't know any better and a prime example of this type person is @themarkymark

lol

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