Greg Maxwell Is Wrong on “Altcoins,” From Several Different Angles


Bitcoin Core developer and Blockstream CTO is no friend of cryptocurrencies other than Bitcoin, famously calling Dash “snake oil.” However, he took his hating to a whole new level during a recent talk on side chains. Seemingly out of the blue, he brings up “altcoins,” or cryptocurrencies that are not Bitcoin, as a threat to Bitcoin. His few arguments quite frankly don’t make much sense, and seem to work against each other. Here’s why Greg Maxwell is dead wrong on “altcoins,” whether you’re rooting for one Bitcoin to rule them all or hoping for a diverse ecosystem.


https://www.dashforcenews.com/greg-maxwell-wrong-altcoins-several-different-angles/