Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Bitcoin maximalism: is it toxic or a good influence in bitcoin community ?
by
Herbys
on 05/10/2018, 12:03:02 UTC
⭐ Merited by qwk (2)
There is no such thing as "Bitcoin Maximalism".
People who use that expression are usually just looking for a sorry excuse why their beloved Altcoin fails.

So-called "Bitcoin Maximalists" are usually simply conservative in that they prefer a decentralized, stable, well-developed blockchain as the basis for a digital currency over some random, premined or ICOed copycat with feature-bloat.

The term “Bitcoin-maximalist” was first coined by the developer of Ethereum, Vitalik Buterin.

Maximalist believes that Bitcoin BTC is the only cryptocurrency that matters.

Maximalists believe that most altcoins do not have real use cases and speculatively trade on exchanges to get more BitcoinsBTC.

This is a philosophy that has the right to exist.