The Bitcoin Maxis Warned You About FTX
What the FTX failure means for Bitcoin, and why it may be the best thing to happen in 2022 as well as the catalyst for the next bull market.This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.”“The Bitcoin Maximalists were right, again. Damn them. Damn them to hell. This entire thing is their fault!”Many a time, especially since 2020, I’ve heard variations of the following from people all across the “crypto”....
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A director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail.
IMF Foresees More Crypto Selling Pressure
Tobias Adrian, director of Monetary and Capital Markets for the International Monetary Fund (IMF), warned about further selling pressure in the crypto market and more crypto token failures in an interview with Yahoo Finance Wednesday.
He said:
We could see further selloffs, both in crypto assets and in risky asset markets, like equities.
....
Erik Voorhees is embarrassed by toxic Bitcoin maxis and told a podcast: “I don't know when they got into Bitcoin, but absolutely that is not the community that I come from in Bitcoin.” Erik Voorhees, the founder and CEO of ShapeShift, has revealed in a podcast that he felt embarrassed and disgusted by the behavior of Bitcoin maximalists at the 2021 Bitcoin conference in Miami. A Bitcoin OG who can see some merit in altcoins, Voorhees spoke on a panel during day two of the Miami conference in June. He caused a stir when he said “Did I hear someone on that prior panel say ‘If you’re against....
As markets reel from the latest Elon Musk Bitcoin FUD, the CEO of Real Vision, Raoul Pal, said BTC maximalists are in part culpable due to their blinkered view. “The biggest impediment to BTC adoption are bitcoin maximalists. Few understand this. Be more open. Don’t try to ram your points home. Support people and don’t […]
Stay Ahead with Our Immediate Analysis of Today’s Bitcoin Insights Check out our Live Bitcoin Updates for November 27, 2025! In 2010, Bitcoin was worth a few cents. One year later, it hit $20. In six years, it was $17,000, and only a month ago, it hit an ATH of $126K, a 641% in six […]
Stay Ahead with Our Immediate Analysis of Today’s Bitcoin Insights Check out our Live Bitcoin Updates for December 4, 2025! In 2010, Bitcoin was worth a few cents. One year later, it hit $20. In six years, it was $17,000, and only a month ago, it hit an ATH of $126K, a 641% in six […]