I love Moons as much as anyone else here, but they're a shitcoin. I think it is easy to lose sight of this in the excitement surrounding them and any subsequent price action.Reasons Moons are a ShitcoinFully centralizedControlled by Reddit Corporate (which we don't like?)Have no real-world useShilled by an echo-chamberAre clung to irrationally by users.They may have potential to grow, but like with any shitcoin, I will believe it when I see it. In the meantime, I am enjoying them for what they are; a social experiment. If they end up having any further value, I won't complain.
Submitted October 13, 2021 at 02:54AM
No comments:
Post a Comment