Post
Topic
Board Bitcoin Discussion
Re: Bitcoin maximalism: good or bad?
by
summonerrk
on 16/06/2025, 12:56:48 UTC
Bitcoin maximalism makes sense because Bitcoin is the first and most established cryptocurrency. It has the longest blockchain great security and a global reputation that no other crypto has matched so far. The trust it has earned over the years is a huge benefit and it continues to gain adoption from individuals and governments alike However restricting ourselves just to Bitcoin could hinder back innovation. Altcoins have introduced many new concepts and technology that have moved the broader crypto field forward. While Bitcoin should certainly make up the major part of any portfolio given to its stability and track record exploring other well chosen altcoins can bring additional benefits. There is no single ideal way to approach crypto investing because everyone’s interests and risk tolerance differ. Bitcoin and altcoins together create a balanced and dynamic ecosystem which feels like a healthier environment for the future

I also like several factors in Bitcoin. This is that Bitcoin has never been hacked, it is reliable as a Swiss watch.

Also, Bitcoin is not centralized, and there is no team of developers who tomorrow will want to give each of their relatives a Lamborghini and then they will simply sell a huge share of their cryptocurrency of the project that they created.

Also, Bitcoin is known. And this is cool, everyone knows it, this is not the situation that was 10 years ago, now everything has changed dramatically and no one is surprised by a news report about digital gold.