The Bitcoin Maxis Warned You About FTX

They can not see beyond the paradigm which has actually brought them success to date, and as such they are entirely unqualified to comment on something as paradigmatically various as Bitcoin.Toxic!!! When Bitcoin Maximalists turn cautions into memes, e.g., “not your keys, not your coins,” or announce the importance of “sound cash,” e.g., “Bitcoin fixes this,” they are ignored as if theyre a group of a) zealots, or b) boring and obsoleted. To know that all of this scrap is up shit creek without a paddle brings me levels of joy Ive not felt because Bitcoin broke the previous all-time high in 2021: SourceWhile groups of 20,000 people spend the next couple of weeks on Twitter Spaces in disbelief, questioning “how this couldve occurred,” a small number of newly-minted Bitcoin Maximalists will have been born, a big number of the recent minimalists will have had their positions verified and the veterans … well, well sit back and continue to inform you so. Opinions expressed are totally their own and do not necessarily show those of BTC Inc or Bitcoin Magazine.

They can not see beyond the paradigm which has brought them success to date, and as such they are absolutely unqualified to comment on something as paradigmatically different as Bitcoin.Toxic!!! When Bitcoin Maximalists turn warnings into memes, e.g., “not your keys, not your coins,” or proclaim the significance of “sound money,” e.g., “Bitcoin fixes this,” they are overlooked as if theyre a group of a) zealots, or b) boring and outdated. Only Bitcoin lacks (and I state this as a favorable characteristic) “management” and a head of the snake to slice off or pressure. Thats really the answer to points two and three above.What they see as “flaws” in Bitcoin are exactly its primary set of assets. A lot of the dumb concepts, like NFTs and “tokens on Lightning” will most likely vanish and liquify, while capital allotment toward Bitcoin will re-normalize. To understand that all of this junk is up shit creek without a paddle brings me levels of delight Ive not felt since Bitcoin broke the previous all-time high in 2021: SourceWhile groups of 20,000 individuals invest the next few weeks on Twitter Spaces in disbelief, wondering “how this mightve happened,” a little number of newly-minted Bitcoin Maximalists will have been born, a big number of the recent minimalists will have had their positions validated and the veterans … well, well sit back and continue to tell you so.