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A challenge to /r/Buttcoin - Use the "valuable blockchain technology" to start your own coin that outcompetes Bitcoin (self.Bitcoin)

Shibinator が 投稿

As we all know, /r/Buttcoin has (like many critics) had to collectively shift its criticism of Bitcoin away from accusations of Ponzi schemes, "it'll never work" and so on to a grudging acceptance that maybe the blockchain invention has some value. It's not that crypto currency won't work, it's because Bitcoin has too many problems which will only be solved in a later iteration.

A recent exchange with a brand new troll account prompted me to realise how ironic it is that despite the name /r/Buttcoin hasn't started up their own crypto currency yet, even if just as a joke/scam to deter people from Bitcoin or to make their genius selves millionaires.

Commonly cited reasons for Bitcoin's guaranteed failure / inability to "break into the mainstream" include:

  • Dodgy / questionable history of Bitcoin institutions (Bitcoin Foundation etc.)
  • High expenditure of energy on SHA 256 mining and proof of work
  • The number of surrounding scams (Mt Gox, Neo+Bee, recently Mintpal etc.)
  • Fixed currency supply, preference for Austrian economic policy over Keynsian economic policy
  • Unequal distribution of Bitcoin to early hodlers / committed investors
  • Fanaticism / ideology of Bitcoin supporters
  • Lack of incentives for new users to adopt, related to unequal distribution, pushy community etc.

Well, with a fresh slate, anyone in /r/Buttcoin could start their own crypto with whatever changes deemed necessary by their community to "fix" Bitcoin.

Bitcoin already has a huge handicap, since it's known globally for being a scam and failure among the multitude of "issues" listed above. If the Buttcoin lot are all such a bunch of know-it-all geniuses, they should have no problem convincing the world to adopt their currency, unleashing the full potential of blockchain technology. They can even get rich in the process!

My suggested starting point:

https://www.github.com/bitcoin/bitcoin

Edit: inb4 a lot of reasons they can't/won't, because as well all know mature adults criticise and mock without providing alternatives, the world being improved by passive critics and all

Edit 2: yep.

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[–]cipher_gnome 10 ポイント11 ポイント  (0子コメント)

Chill. They're not here to build an altcoin. They're here to wind you up.

[–]tsontar 4 ポイント5 ポイント  (1子コメント)

Relevant

[–]Sugar_Daddy_Peter 0 ポイント1 ポイント  (0子コメント)

I've been trying to put this in to words, couldn't come close, this is perfect

[–]BuffyButtcoinSlayer 22 ポイント23 ポイント  (8子コメント)

Buttcoiners couldn't code themselves out of a wet paper bag. Much less hit the copy button on a coin gen app.

[–]BitttBurger 10 ポイント11 ポイント  (6子コメント)

More importantly, the very definition of a troll, is that they don't give a fuck about the topic at hand. Or making any valid points. They are trolls. They are only here to irritate. Derail conversations. And cry themselves to sleep at night for missing the BTC train.

[–]anti09 1 ポイント2 ポイント  (2子コメント)

If they don't give a fuck about the topic at hand, why are they crying themselves to sleep at night?

[–]Cocosoft 2 ポイント3 ポイント  (0子コメント)

That's the paradox.

[–]BitttBurger -1 ポイント0 ポイント  (0子コメント)

They don't give a fuck about the topic at hand. This descriptor differentiates it from the "global" concept of missing out on the rise of Bitcoin value from $10 to $1000.

One can be a troll who likes to derail current conversations on "the topic at hand" because of the underlying frustration of missing out overall. They aren't mutually exclusive.

[–]Sovereign_Curtis 0 ポイント1 ポイント  (2子コメント)

Are you saying I have you inaccurately RES tagged as "Buttcoiner"? I see you taking the contrarian position very often here, and you post over there as well.

[–]BitttBurger 2 ポイント3 ポイント  (1子コメント)

That's right. I'm not one of them. I just have the ability, unlike several people in this group, to see things from both sides. When I present an alternate position, I do so because I genuinely want a more centric viewpoint to be considered. I'm grossly averse to extremism or irrational nonsense. So sometimes I have to speak up and say something that will get downvoted by ppl here. The difference is my motives. I genuinely want to discourage irrational extremism. Buttcoiners just want to start shit, derail conversations, and post with no genuine interest in discussion.

You could've avoided improperly categorizing me by carefully reading what I write. I realize that some of the more extremists here don't have the ability to entertain opposing viewpoints. So any opposing viewpoint must be "trolling". But that's why those people are extremists, and not rational individuals.

As for my posts over there, I don't even remember doing so, but it surely wasn't something they liked to hear. Once again, content and context.

[–]Sovereign_Curtis 1 ポイント2 ポイント  (0子コメント)

Fair enough, I'll re-tag as "Devil's Advocate".

[–]sqrt7744 6 ポイント7 ポイント  (0子コメント)

I was there yesterday, they quoted me. Most couldn't string two ad hominems together in a coherent way, but there was one who was at least of normal intelligence. They should make him their captain.

[–]pb1x 2 ポイント3 ポイント  (0子コメント)

Feeding trolls just keeps them around longer

The only point I agree with them on is the obsession with the price - discussion of the price should be moved to a separate subreddit.

At least people have stopped asking why in a deflationary currency anyone would ever spend it

[–]ebaley 3 ポイント4 ポイント  (0子コメント)

It could be a 10 times better technologically and still not out compete bitcoin due to market effects.

[–]Anenome5 4 ポイント5 ポイント  (4子コメント)

I though it was called Doge :P

[–]Cocosoft -1 ポイント0 ポイント  (3子コメント)

Eh, no Dogecoin was just an attempt to make cryptocurrency fun by removing the seriousness of money.
It was not made to mock bitcoin.

[–]bitemperor -4 ポイント-3 ポイント  (2子コメント)

Wtf u saying? Dogecoin is exactly like bitcoin and it is money with all the same seriousness.

Its just that peoole who chose to use it in my eyes are complete fucking fags

Have an anti fag tip 20 bits /u/changetip

[–]changetip -1 ポイント0 ポイント  (0子コメント)

The Bitcoin tip for 20 bits has been collected by Cocosoft.

ChangeTip info | ChangeTip video | /r/Bitcoin

[–]pennyservices 2 ポイント3 ポイント  (0子コメント)

Several projects are emphasising blockchain and deemphasising the coin or in the case of hyperledger have removed the coin entirely. The coin is essentially worthless or has only token value. You might as well ask how much a book of checks is worth.

[–]Gold_Hodler 6 ポイント7 ポイント  (0子コメント)

Just because I see a piece of shit lying on the ground and think: "yup, that's a piece of shit" doesn't mean I have any interest in copping a squat and pinching a better loaf next to it.

[–]agajhjh 5 ポイント6 ポイント  (0子コメント)

No need; a superior alternate currency already exists. It's called the US dollar.

[–]Frankeh 3 ポイント4 ポイント  (2子コメント)

We're way ahead of you, OP..

[–]Shibinator[S] 9 ポイント10 ポイント  (1子コメント)

Fair play, and of course a satirical copy is very true to the Buttcoin spirit.

I'd like to see a serious attempt, but of course Buttcoiners aren't going to do that. Constant irony and parody is a shield against trying anything of substance, and thus being completely unable to be criticised (especially in response).

It's very easy to criticise everything when you stand for nothing.

[–]Mith8 3 ポイント4 ポイント  (6子コメント)

So people who laugh at other people for jumping off bridges because they think it's stupid...are going to jump off bridges on their suggestion?

How does that at all make sense?

"Lol, I think that's stupid."

"If you're so smart, then you do the same thing!"

"I wouldn't...because that would be dumb."

[–]Shibinator[S] 1 ポイント2 ポイント  (5子コメント)

Why do Buttcoiners always reason by way of evidently flawed analogy.

Jumping off a bridge is stupid, obviously.

Bitcoin is supposedly flawed for some of the reasons I mentioned, but the "blockchain invention" is even being found in Buttcoin circles to have merit. The two cannot be separated, but apparently Buttcoiners think so.

What it's more like is Bitcoiners using a bungy rope to jump off bridges, and Buttcoiners standing around laughing at the rope. The rope isn't perfect, but it's constantly being experimented with and improved upon. Despite admitting that the idea of a rope and bungy jumping isn't so bad, Buttcoiners think that the exact construction of the Bitcoin rope is fundamentally flawed. I'm asking them to invent a better rope, which they will find impossible.

This is still a pretty shitty analogy, but it's much closer to the original point I am making.

"If you're so smart, then you do the same thing!"

No, it's "If you're so smart, demonstrate or produce something better."

[–]Mith8 1 ポイント2 ポイント  (1子コメント)

Stop trying to ignore the point by preaching. The point is, if someone finds that bitcoin is a stupid idea with no merit, challenging them to make one of their own is pointless, because they find the entire concept to be stupid in the first place. It's akin to someone saying that video games are stupid, then having a gamer telling them to make a game of their own. It fails, simply because the they hold no value in video games to begin with.

You've only proven your own stupidity.

As for the blockchain--tulips are actually valuable. Just because there is SOME value in the technology of a blockchain, it doesn't mean it's going to make bitcoin valuable or revolutionize anything like you seem to think it will. If it does something, then it does something. Stop treating it like the holy grail you fool.

[–]Shibinator[S] 3 ポイント4 ポイント  (0子コメント)

if someone finds that bitcoin is a stupid idea with no merit, challenging them to make one of their own is pointless, because they find the entire concept to be stupid in the first place.

I completely agree. You are one of those people. I am not challenging you.

Literally the opening line of my post....

As we all know, /r/Buttcoin has (like many critics) had to collectively shift its criticism of Bitcoin away from accusations of Ponzi schemes, "it'll never work" and so on to a grudging acceptance that maybe the blockchain invention has some value.

These Buttcoiners are the ones I am challenging, the ones who are now jumping on the "it's the technology that matters" bandwagon, maybe I should have been more explicit about that.

If you're still in the "Bitcoin is 100% a Ponzi scheme" category, that's fine, but to quote an expert...

You've only proven your own stupidity.

[–]Gold_Hodler -1 ポイント0 ポイント  (2子コメント)

Actually I like the rope just fine. It's the batshit insane followers of the rope who stand around all day fondling the rope, licking it, rubbing their genitals all over it while salivating over the idea of every elevator in town spontaneously combusting so their rope becomes relevant and oh so valuable that I don't like.

[–]11ty 6 ポイント7 ポイント  (1子コメント)

They're nowhere near as bad as the guys who think (insert muscle car manuf) made the best muscle cars ever, and anything else is shit and the people who like them f'in morons. Do you go to chevy forums and laugh at how stupid they are, or the ford forums and pick on Mustang enthusiasts?

Probably not, but somehow other peoples exuberance and delusions don't warrant your time but bitcoiners do. How fair and just of you. Protip: highschool is over and being a bully isnt cool.

[–]Gold_Hodler 0 ポイント1 ポイント  (0子コメント)

To be fair, I do my best to not troll /r/Bitcoin. I really do like Bitcoin, and am invested myself. When I post in /r/Bitcoin it's usually an innocuous joke (not at anyone's expense) or a genuine attempt at discussion because I believe introspection is important for improvement. I do try to remain polite and honest, and not post anything just to get a rise out of people... I don't find much fun in being a jerk, honestly.

So why do I frequent /r/Buttcoin? Because I disagree with some of the culture of /r/Bitcoin, and find it troubling that my investment enables this. I'm talking about the constant pump and dumpers, those who actively root for the collapse of the state (I like Bitcoin, but I don't want to see the rest of the world's savings wiped out so it can succeed!) and those who push really terrible financial advice on those who can't afford it and are vulnerable, and so on. The only time I've ever been outright nasty (well besides in this thread too, maybe) here is to someone trying to sell snake oil (water with a minute amount of silver in it) as a "cure" for Ebola, but I would have done that anywhere even in person.

Meh... Maybe this is a more sincere answer than you were looking for, i don't know. I just wish it was possible to have different viewpoints here without being labelled a troll and everything I say being disregarded. I mean hell, I was accused of being a statist for encouraging people to educate themselves about their candidates and get out and vote if they want to have a voice in the regulations discussions.

We all have different frames of references from the lives we've lived. /r/Bitcoin can be a discouraging place if you don't share the same libertarian/crypto anarchist leanings of many of the more vocal members and that's really unfortunate, as it leads to an echo chamber of values that push out the common person.

Anyways, I hope you have a good day, and it's not too cold where you live. Rant over!

[–]gulfbitcoin 1 ポイント2 ポイント  (0子コメント)

This adds new meaning to the term "butthurt"

[–]TrollOfGodding 1 ポイント2 ポイント  (0子コメント)

Shitcoin troll here.

Actually, we hang around because we have fun seeing you rant as shitcoin price drops like a rock in the ocean and you say that it is the FED, the chinese, NWO and Justin Bieber.

Do you wanna know why you are a magnet to r/Buttcoin?

Because of things like this:

http://letstalkbitcoin.com/blog/post/bitcoin-trading-game-of-thrones

[–]GeorgeForemanGrillz 2 ポイント3 ポイント  (0子コメント)

Typical straw-man argument from the Bitcoin bag holders.

[–]total_product_recall 2 ポイント3 ポイント  (2子コメント)

Man, for an adherent to the currency of the future which is perfect and will destroy all fiat money and sweep all governments away... which will disrupt every financial industry and destroy the banksters... which will change life as we know it...

...you're pretty rattled about a small group of people who make butt jokes.

[–]Shibinator[S] 6 ポイント7 ポイント  (1子コメント)

You're rattled enough that Bitcoin exists and is growing to create a separate Reddit account and post negativity in /r/Bitcoin for three months straight.

Literally your last comment:

I can't believe how many fucks I'm giving about this! Thanks, coin desk!

[–]total_product_recall 2 ポイント3 ポイント  (0子コメント)

Pppphhht, you think I'd be here on reddit if the banksters weren't printing off a hefty sack of filthy fiat dollars for every day I slow down mass bitcoin adoption!?

But let me reiterate anyway: it's a joke subreddit about butts. How is bitcoin going to "disrupt" things if it's adherents are actually threatened by a joke subreddit about butts? I genuinely would prefer a real answer, (our droll banter aside!) because it's a real question.

[–]c4a 0 ポイント1 ポイント  (0子コメント)

We shall call it Adcoin.

[–]steveds123 -1 ポイント0 ポイント  (0子コメント)

/u/changetip 100bits :)

[–]zethien 0 ポイント1 ポイント  (0子コメント)

/u/Shibinator 's reaction clicking the submit button: http://i.imgur.com/glVr4Fx.jpg

[–]ButtcoinHurt 0 ポイント1 ポイント  (1子コメント)

I prefer Muttcoin, Doge to the moon bitches!

[–]LEGALIZE-MARINARA 9 ポイント10 ポイント  (0子コメント)

+1 for Dogecoin being high-class subtle satire of Bitcoin, and generally a positive thing, even if they've somewhat turned into the thing they were satirizing.

By contrast Buttcoin's satire is hopelessly blunt-edged, and a lot of the posts there just scream "Antisocial Personality Disorder".

[–]bubulat 0 ポイント1 ポイント  (0子コメント)

No thanks. I rather spend my time warning people about bitcoin being a huge scam, and making sure your huge losses in this retarded investment become even bigger. Check out the price, it's dropping like a rock! You're welcome, loser :D

[–]sciencelovesyou 0 ポイント1 ポイント  (7子コメント)

The only reason I am there is because of goddamn Bitcoin missionaries. I don't give three-shits about cryptocurrency. I could, couldn't, can't, won't, will not, and just BLAALHHAHH it.

All I want is for the door-to-door get-rich-quick schemers to fuck off and never annoy a small business again.

[–]Introshine 3 ポイント4 ポイント  (3子コメント)

u mad.

[–]sciencelovesyou -1 ポイント0 ポイント  (2子コメント)

Very much! I've never made a secret of that. I'm super mad.

I'm not actually, you know, ANGRY, like, red in the face or anything.

But in terms of "tickling that spot in your gut that gets you" yes, the missionaries get my goat, grind my gears, rustle my Jimmie, and squirms my worms.

[–]elan96 5 ポイント6 ポイント  (0子コメント)

There's lots of people here like myself who don't appreciate those badgering small businesses. Hell, I'm not even particularly fond of people doing it to the larger ones, however this is an issue I have with their individual decisions - I certainly won't be making a new account and trolling their father community because of it.

[–]Introshine 4 ポイント5 ポイント  (0子コメント)

I agree that the almost missionary way some bitcoiners promote and force bitcoin can be a bit... awkward. It's still a tiny little experiment, not even close to handling any real-world amount of transactions.

If that really annoys you, you should take distance - this is not healthy. Go do something fun, instead of spending time on something you hate.

[–]BeefSupreme2 -1 ポイント0 ポイント  (1子コメント)

Small business would be more competitive by using Bitcoin. Your failure to see the advantages in accepting it for small business speaks volumes.

[–]Frankeh 1 ポイント2 ポイント  (0子コメント)

There's countless examples of small businesses on coinmap and such that just stop accepting bitcoin because no one pays with it.

How competitive is a small business that's transacting in a currency none of their customers are transacting in?

[–]exo762 -1 ポイント0 ポイント  (0子コメント)

What, you mean people want to pay you in bitcoin and are willing to choose your business among competitors if you would accept bitcoin and you are mad?

Damn, it's a hard knock life there.

[–]painaulevain -5 ポイント-4 ポイント  (0子コメント)

I think your mom sucks. She sucks so bad that I'm going to go have three babies and be the best mom in the world.