Bitcoin Maximalism Remains as Competitors Rise
There has been a recent discussion about Bitcoin Maximalism lately, most likely due to the sudden rise of Ethereum. This conversation is not new dialogue but typically arises when there is a competitor at Bitcoin’s heels. Many people have written about this subject such as Vitalik Buterin, Daniel Krawisz, and just recently Hivemind creator Paul Sztorc.....
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Trying to define and apply the label of Bitcoin Maximalism is a non-productive criticism that obscures more than it clarifies.
There has been a lot of digital ink spilled about the concept of Bitcoin Maximalism, but there are things the critics don’t understand.
For three days, thousands of Bitcoiners convened in the French coastal city of Biarritz to dive deep on Bitcoin, network, and promote Bitcoin maximalism.
Toxic Bitcoin Maximalism can serve an important purpose to ward off newcomers from scams and altcoins, but is there a time when the toxicity is too much?
2016 has perhaps seen a proliferation of new schools of thought under the crypto-currency genre, particularly thanks to the best known of all cryptocoins: Bitcoin. Among the most recent: the notion of Bitcoin maximalism. In short, Bitcoin maximalists look down upon alternative use cases outside the domain of Bitcoin; i.e. Ethereum, Litecoin, even your beloved Dogecoin. A common thesis in this school of thoughts foresees a future of Bitcoin features, in which all of the things people want in a crypto-currency – for now, higher capacity and smart contracts – are coded atop the Bitcoin....