I don't see a problem really with shitcoins apart from the PR one - the worthy coins get tarnished with the crap. But crypto is evolution in a crucible, both for the tech and for the 'investors'
Pop into certain other coin threads here and you'll see that there are fools lining up to have their money taken from them, they can't get enough of empty promises, snippets of fake IRC dev chat, and silly diagrams.
While idiots continue to buy obvious garbage, scammers will keep profiting from them.
I have started a
thread on this subject and also wrote a
blog post, because I have noticed that there's a "witch hunt" against altcoins starting in BTCtalk (e.g.
here and
here).
It makes no sense, IMO, that some of the BTC people are so against altcoins. For example, if you talk about Darkcoin in other threads some bitcoiners start insulting you out of nothing! But to my surprise, some of these aggressive anti-altcoin bitcoiners are quite pro-LTC
why is that?
There are scammers everywhere, unfortunatelly, but some people use the scammers as the excuse to try to start a
nazi fight against the altcoins... and I don't doubt that these same people's real intention is to fight against cryptocurrencies in a whole (BTC included).
BTW, I tend to abhor the
stupid dictatorial arrogance shown by some intolerant (dishonest?) people... I prefer better open discussion propositions for the community like
this one, or
this one, for example.
The bottom line: Most crypto supporters are druggies.
They're stupid.
They're violently opposed to the very things they claim to be supporting. They punch themselves in the face while looking in the mirror shouting "quit hitting yourself" and laughing about it cuz that guy on the other side of the window is such a dumbass... "Hahaha! I made him punch himself in the face!" and they still can't figure out why their face hurts...
A perfect example is that anti-gun liberals issue death threats to politicians hundreds of times more often than pro-gun conservatives... "We hate violence and we'll kill you if you disagree!" I have plenty of guns and I'm not violent at all... Psychology 101: Projection. They don't want anyone else to have a gun because they know themselves to be unstable and presume everyone to be as whack-a-do as they know themselves to be...
Look at it from another direction. Almost all violence, including so-called "gun violence" occurs in democrat voting districts. If you eliminate the democrat voting districts from the statistical data, the USA is the most violence-free country on Earth. Those parts remaining actually have more guns than people! So, guns are obviously not the problem. I'm not trying to make a gun or political rant, just citing an example with which I am intimately familiar.
Altcoin haters know that they would run a scam if they had the ability to copypasta a shitcoin, so they presume all altcoins are out for that purpose. And most are... Because projection is accurate in many cases, since people who are barely more than animals are pretty much all the same...
Humans in every demographic have one thing in common; the majority of any group are fucking stupid. The only thing more abundant and absolute than Sunlight, is stupidity. Do like Bill Gates or Steve Jobs; form your income around stupidity and you'll be rich whether you want to be or not... The 1% are the 1% because the 99% are too stupid to stop giving away everything they've got tot he 1%. There is no plot or conspiracy. The 99% are just really, really, really fucking stupid.