Can Toxic Maximalists Hurt Bitcoin?
A recent debate has arisen around toxic maximalism in bitcoin; but does this really affect anything?June 4 2021, Bitcoin Conference, Miami, Florida: Max Keiser strides onto the stage, clad in a white suit, in triumphant fashion, yelling, “YEAH! YEAH! WE’RE NOT DONE! WE’RE NOT DONE! F*CK ELON! F*CK ELON!”This clip attracted plenty of online criticism, perhaps most from those already looking for something to criticise, but also from some who are pro-Bitcoin. But what was the impact? And how badly can Bitcoiners hurt Bitcoin? I’ll have more on Max Keiser later.Bitcoin’s most underrated facet....
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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 Bitcoin succeeds, it will have a relationship with Elon Musk, and there is every reason to believe that the relationship will be toxic. On July 8, Max Keiser and Stacy Herbert hosted an Elon Musk-inspired show in Austin, Texas. Aptly named “F*ck Elon,” the event, which included a large number of Bitcoin (BTC) maximalists, was surely a rowdy affair. Keiser is known for many things, but restraint is not necessarily one of them.Although we can debate the merits of such a provocatively titled party, Musk’s divisiveness is certainly not up for debate. Earlier this year, the Bitcoin community....
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?
Those who fall under the label of Bitcoin Maximalists simply hold the belief that it’s the only true way forward for monetary freedom.
Mati Greenspan shared some strong opinions about Bitcoin maximalists in this interview from Bitcoin 2021. In an exclusive interview with Cointelegraph during Bitcoin 2021 in Miami, Greenspan criticized a segment of Bitcoin maximalists for being “small-minded and insecure”, pointing out that they don't have control over the main cryptocurrency. “They cannot stop any kind of innovation from happening. So let them yap, it doesn't bother me,” said Mati Greenspan, CEO & Founder at Quantum Economics, about Bitcoin maximalists. Greenspan‘s statements came a few days after a number of Bitcoin....