Pages:
Author

Topic: An article on how to be a Bitcoin maximalist - page 3. (Read 639 times)

legendary
Activity: 3080
Merit: 1500
Maximalism is harmful in any sector and majority of the time it doesn't make sense! As a real world bitcoin user, we need to be practical more than anything. Then only we will be able to put our best foot forward. Maximalism will force you to go all out even when your arguments have stopped making sense!

So I don't think a sane person would ever become a maximalist in any way. Rather they will try to avoid those people at any cost!
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
It can be "Bitcoin maximalists", "crypto bros" or "NFT bros".
There's always a group delusional fanatic supporters, who think that the object of their worship is the best invention since bread.
If claiming that Bitcoin is better than shitcoins makes me a Bitcoin maximalist, then I am a Bitcoin maximalist. It's true that Bitcoin is better than the shitcoins. However, I wouldn't mind an altcoin that is actually better than Bitcoin. Unfortunately such altcoin doesn't exist.
I definitely don't think that Bitcoin Core is perfect and I don't believe that Bitcoin will become the one and only global currency.
The Bitcoin maximalists tend to believe in such statements. Maybe I'm not a true 100% Bitcoin maximalist after all. Grin

Pretty much. It's safe to assume that there are a lot of people that are Bitcoin-only just because it's the safest bet with probably the best risk/reward ratio, but at the same time doesn't look at other cryptocurrencies as 100% totally a scam. It's just that the total nutjob maximalists are the loudest ones.
hero member
Activity: 3150
Merit: 937
It can be "Bitcoin maximalists", "crypto bros" or "NFT bros".
There's always a group delusional fanatic supporters, who think that the object of their worship is the best invention since bread.
If claiming that Bitcoin is better than shitcoins makes me a Bitcoin maximalist, then I am a Bitcoin maximalist. It's true that Bitcoin is better than the shitcoins. However, I wouldn't mind an altcoin that is actually better than Bitcoin. Unfortunately such altcoin doesn't exist.
I definitely don't think that Bitcoin Core is perfect and I don't believe that Bitcoin will become the one and only global currency.
The Bitcoin maximalists tend to believe in such statements. Maybe I'm not a true 100% Bitcoin maximalist after all. Grin
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Even as a non-maximalist, the article is pretty reasonable even though I expected it to be an article that mocks the maximalists.


It seems to me that Bitcoin maximalism has grown into a cultish group of individuals who tolerate nothing but Bitcoin. If it's simply Bitcoin over shitcoins, that would be acceptable. But it seems the movement has moved to the farthest extreme so that intolerance has grown toxic rather than helpful. We seem to have observed intolerance against innovation in general, intolerance against all other forms of investment, and so on.
True, but to be far we really don't have an official definition of "maximalism". Also, it's just mostly the Twitter bitcoin maximalists that promote "toxicity" for some reason, with them expecting it to actually be a net-positive.
legendary
Activity: 2576
Merit: 1860
It seems to me that Bitcoin maximalism has grown into a cultish group of individuals who tolerate nothing but Bitcoin. If it's simply Bitcoin over shitcoins, that would be acceptable. But it seems the movement has moved to the farthest extreme so that intolerance has grown toxic rather than helpful. We seem to have observed intolerance against innovation in general, intolerance against all other forms of investment, and so on.

The movement is now seemingly characterized with closed-mindedness rather than encouraging constant exploration and innovation and finding ways and possibilities to improve things, which was precisely what Satoshi did.

Other than this, it seems some who have been loudly claiming to be Bitcoin maximalists showed double standard. And some have eventually given up that label not because of realizations but because of financial prospects.
legendary
Activity: 3010
Merit: 1460
I am sharing this article without antagonizing anyone and also sharing it with much neutrality.

What are your latest comments, thoughts and opinions on Bitcoin maximalism?

The replies of the older members of the forum who joined before 2015 will certainly have more importance in this because they have witnessed the changes and the growth of the cryptospace from being simple to presently being billions of dollars of crazy hehee.



Bitcoin Maximalists are skeptical and critical of claims to technical advances made by other cryptocurrency softwares, and seek to maintain and bolster a culture of scrutiny.

Still, they acknowledge there are new services and products made available in the crypto sector, and that the product of this effort can provide learnings to Bitcoin.

However, they believe that these crypto assets and services are profiting off the short-term limitations of Bitcoin, and thus their use should be discouraged in order to inspire and fund the development of like offerings built on the Bitcoin network.


Read in full https://www.forbes.com/sites/peterizzo/2022/08/25/how-to-be-a-bitcoin-maximalist/?sh=76bcd4897036
Pages:
Jump to: