
SLP406 Adi Shankara Bitcoin Needs Technologists & Summer of Bitcoin
Stephan Livera Podcast
00:00
Bitcoin and the Shit Coin Phenomenon
When you have more traders than technologists, you end up in a memetic behavior where the masses discuss predictions on price. The shit coin phenomenon is directly the result of the long price and short technology culture. Bitcoin has unfortunately remained an illegitimate technologist, especially among the technology. We need a lot more of them, not only to bring back focus on Bitcoin as a technology, but also to shoot down all the bad ideas before they start to infest the masses.
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