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Toxic Bitcoin Saturday (Bitcoin Magazine Special Edition)

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First published at 16:22 UTC on March 23rd, 2024.

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In this video, I discuss the ongoing controversy around Bitcoin Magazine, BTC Inc, and their promotion of ordinals and inscriptions.

I personally don't believe that "shipcoins on Bitcoin" is an effective strategy for onboarding newco…

In this video, I discuss the ongoing controversy around Bitcoin Magazine, BTC Inc, and their promotion of ordinals and inscriptions.

I personally don't believe that "shipcoins on Bitcoin" is an effective strategy for onboarding newcomers.

People are already fed up with the inflation that they see in their everyday lives. There's a massive monetary reset on the way. Instead of encouraging gambling, teach newcomers how Bitcoin can protect their family and finances.

This is how we onboard newcomers-- not by peddling degeneracy and garbage, which has always been the same marketing strategy used by shipcoin scammers themselves.

Not investment advice! Consult a financial advisor.

My tweet about Bitcoin Magazine:
https://twitter.com/mattkratter/status/1770540608773628087

BTC Inc:
https://b.tc/

BTC Rare Sats:
https://rare.b.tc/
https://twitter.com/Rare_BTC
https://twitter.com/BitcoinMagazine/status/1686372862368837632
https://bitcoinmagazine.com/markets/bitcoin-inscription-number-76-sells-for-60000-in-latest-sub-100-ordinals-sale

Bitcoin Magazine giving Udi a platform:
https://twitter.com/udiWertheimer/status/1621176136142045191
https://twitter.com/udiWertheimer/status/1660034199934365698
https://twitter.com/udiWertheimer/status/1657085665148821506

Streisand Effect:
https://en.wikipedia.org/wiki/Streisand_effect

Bitcoin Mag doing paid promotions for shipcoins:
https://twitter.com/Pledditor/status/1770629275290402845
https://bitcoinmagazine.com/sponsored/karma-is-the-largest-fungible-token-airdrop-in-bitcoin-history

Bitcoin Mag teaching people how to spam the chain:
https://twitter.com/BitcoinMagazine/status/1743033312216838434

Bitcoin Mag promoting UTXO Management investments:
https://twitter.com/GhostofMapl/status/1770835829201437119

Stephan Livera's tweet:
https://twitter.com/stephanlivera/status/1770757875465392296

Point your hash to this Bitcoin mining pool:
https://ocean.xyz/

Bitcoin Magazine To Offer Counseling To Employees Negatively Impacted by Davi..