Difference between revisions of "Bitcoin Maximalist"

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Latest revision as of 08:47, 23 January 2022

  • Aka Bitcoin Maxi's or simply Bitcoiners (implying they only believe in Bitcoin, not in crypto at large).
  • Bitcoin maximalists look down upon alternative use cases outside the domain of Bitcoin. Some go as far as calling every other cryptocurrency a ‘scam’.
  • A common thesis in this school of thoughts foresees a future of Bitcoin features, in which all of the things people want in a crypto-currency – for now, higher capacity and smart contracts – are coded atop the Bitcoin protocol. Soft forks have been executed in the Bitcoin use case before, and the experiment has momentum; that is, miners are interested in carrying on the tradition at high costs and expenses.