I'm a Bitcoin Centrist.
Bitcoiners don't like labels, but we need a term differentiating from Bitcoin maximalists. Call it progressives, centrists, moderates, or simply Bitcoiners, but we need to distinguish ourselves from the loud maximalists. 🧵
Bitcoiners don't like labels, but we need a term differentiating from Bitcoin maximalists. Call it progressives, centrists, moderates, or simply Bitcoiners, but we need to distinguish ourselves from the loud maximalists. 🧵
1/ Bitcoin will attract people with different beliefs and views, and we shouldn't expect all Bitcoiners to think alike. It is, however, essential to realize that maximalists are a loud minority.
Let's look at some ways maximalists differ from centrists like me.
Let's look at some ways maximalists differ from centrists like me.
2/ A Bitcoin centrist likes Bitcoin as sound money but is open to other assets.
A Bitcoin maximalist hates all non-Bitcoin crypto assets (extreme view).
A Bitcoin maximalist hates all non-Bitcoin crypto assets (extreme view).
3/ A Bitcoin centrist holds BTC as a major portfolio position.
A Bitcoin maximalist holds BTC as the only portfolio position.
A Bitcoin maximalist holds BTC as the only portfolio position.
4/ A Bitcoin centrist has a positive-sum mindset; we all win in a growing crypto economy.
A Bitcoin maximalist has a zero-sum mindset; other cryptos are hurting BTC.
A Bitcoin maximalist has a zero-sum mindset; other cryptos are hurting BTC.
5/ A Bitcoin centrist believes BTC is more valuable as a productive asset.
A Bitcoin maximalist thinks that BTC is primarily for (passive) holding.
A Bitcoin maximalist thinks that BTC is primarily for (passive) holding.
6/ A Bitcoin centrist believes in the power of crypto incentives.
A Bitcoin maximalist will rather have ghost town projects than use other tokens.
A Bitcoin maximalist will rather have ghost town projects than use other tokens.
7/ A Bitcoin centrist thinks that Bitcoin can be the center of gravity and bridge to other chains.
A Bitcoin maximalist ignores the existence of other chains and thinks they're "scams."
A Bitcoin maximalist ignores the existence of other chains and thinks they're "scams."
8/ A Bitcoin centrist believes that developer traction and new apps are important to grow Bitcoin.
A Bitcoin maximalist thinks that Bitcoin does not need new use cases.
A Bitcoin maximalist thinks that Bitcoin does not need new use cases.
9/ A Bitcoin centrist is paranoid that if we become complacent, another project can take away the #1 spot from BTC.
A Bitcoin maximalist thinks Bitcoin already won, and nothing can replace it as the #1 cryptocurrency ever.
A Bitcoin maximalist thinks Bitcoin already won, and nothing can replace it as the #1 cryptocurrency ever.
10/ A Bitcoin centrist is open to innovations, assumes good intentions by entrepreneurs and devs.
A Bitcoin maximalist is skeptical of new things, views them from a "scam" lens.
A Bitcoin maximalist is skeptical of new things, views them from a "scam" lens.
11/ A Bitcoin centrist is a realist that adapts to the changing industry.
A Bitcoin maximalist is an idealist that sticks with the same views.
A Bitcoin maximalist is an idealist that sticks with the same views.
I'm a Bitcoin centrist, and we're the silent majority. It's time to put maximalism in its box and work on growing the Bitcoin economy.
We need to focus on dev traction and break from the tired maxi attitudes.
Onwards and upwards! 🚀
We need to focus on dev traction and break from the tired maxi attitudes.
Onwards and upwards! 🚀
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