Who Cares About Bitcoin Maximalism?
Trying to define and apply the label of Bitcoin Maximalism is a non-productive criticism that obscures more than it clarifies.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host.What is Bitcoin Maximalism? People will not stop asking this question, either to defend it as a virtuous label, or to attack it as a symbol of everything wrong and rotten in this ecosystem. This question is as meaningless in my opinion as asking: "What is a liberal?" "What is a conservative?""What is a Christian?"No one is going to have the....
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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?
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.....
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....