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21 sats \ 0 replies \ @nerd2ninja 8 Jul 2022
'Bitcoin Maximalists that there are things to be learned from the broader crypto industry. It’s about time Bitcoiner’s start expressing some humility in accepting the success of other digital assets! And the way we do this, is we don’t shun the altcoins as “scams” or “morally corrupt” but instead we humbly ask ourselves… “okay there’s clearly a market demand for this thing, so how could we leverage Bitcoin-the-network to capture this market?”'
There was a time when Bitcoiners said about altcoins that everything was fair game. Satoshi had said that "I'm sure that in 20 years there will either be very large transaction volume or no volume." and so all altcoins and Bitcoin were free to compete on actual things of value for who was better at solving the fundemental problems people were looking for.
However, Bitcoin won that competition. No one is even trying to be money anymore and there really are so many scams. Bitcoin maximalism is a form of consumer protection as "Bitcoin maximalism is dead. Long Live Bitcoin maximalism" put it.
That's merely one problem I had with this article, but in the spirit of hammering the most important points, I would like to critisize the people who can only think of programs and protocals when thinking of "building" The bear market is for building though. Hopefully in a mere few months, my business will be fully registered with the state and I'll get to make some posts about what I'm building.
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0 sats \ 0 replies \ @cryptocoin 8 Jul 2022
There's also a corresponding podcast episode:
🎧 018: A Sobering Strategy Of Scaling Bitcoin To Billions | Not All At Once podcast
#42809
http://not-all-at-once.com/episodes/018.html
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