I have been on Twitter @cstack for a long time. I am tired of the noise and bitcoin maxi hostility. I hope that putting sats where your mouth is will raise the level of discourse.
Hello, I am a Bitcoin maxi and I put my sats where my mouth is. Bitcoin maximalism is a method of consumer protection. My story as a maximalist, is that I used to shitcoin back in 2016. During the 2018 bear market, I lost so much money in everything that wasn't Bitcoin. I became burnt out over jumping from coin to coin and seeing no interest in coins that I thought had ecoonomic value from the market.
I discourage the people around me from following in my footsteps because I know these distractions will burn them and blind them to the benefits of Bitcoin as a result and I don't want to see the people around me get scammed in a bitconnect/celcius style scam, nor premine dump, nor pump and dump, nor hype induced meme coin that dies in a month, etc etc.
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There is nothing inherently wrong with being a maxi. The hostility is what wears people down. Once the hive turns on you, its over. That isn't helping anyone. Call out the scams and offer your guidance, we absolutely need that.
Just sick and tired of the purity tests.
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I think the community at large has felt that hostility was needed to distance Bitcoin from other stuff. Scams and other things, have used Bitcoin as a recuting mechanism and when people get burned from a scam, they tend to blame Bitcoin for it because they don't really understand the difference.
But at least here, where there's no one to really make a show distancing to, no one to protect and quite frankly no straight out scams to call out lol, I don't mind writing in long form to explain my thoughts. Especially since here there is no character limit.
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There are cases where hostility is warranted, but it should not be the default. Bitcoin is growing, and if that is the ultimate goal, it's important to not needlessly drive people away through flagrant hostility.
I'll get hostile when they start infringing on the right to self-custody, coin join or many other hard line issues. However, I don't really find shouting down people like Nic Carter to be in any way useful.
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I don't know, Nic Carter may very well need to be outcasted. Bitcoiners don't like being associated with the bad names other projects bring. I think Nic Carter developed such strong cases for Bitcoin to do the very thing Bitcoiners want to stop. I think Nic Carter may very well have used Bitcoin as a recruiting mechanism for these other projects his company is invested in.
The reason other projects use Bitcoin as a recruiting mechanism is because of the common perception that someone who is interested in Bitcoin must be new and doesn't know about all the other stuff and hasn't gotten the scars from all the other stuff.
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The only character limit here is the limit of your character. ;)
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đź’Ż
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To clarify: I am myself a bitcoin maxi. I am currently only invested in Bitcoin. It is the hostility part of maximalism that I believe turns people off and is counterproductive to increased bitcoin adoption.
There are some interesting things going on outside of Bitcoin, it is not all scams.
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I think the hostility only turns off people who are invested in other projects. The hostility like I tried to explain before is not so much about changing the mind of the person in question, but rather is much more about signaling to people who might be getting hyped up to think twice.
I've mentioned how shitcoins use Bitcoin as a recruiting mechanism. Maybe it will help to put it in this way.
Lets say you hosted a book club and you would like to discuss the literary analysis of "The Mocking Bird". Now lets say you get a bunch of people who start advertising their sonic fanfiction at this book club or other self written literary works. It would be rude and extremely annoying and therefore unwelcome in a situation like this.
On the other hand, maybe seeking out a sonic fanfic club and stomping on their parade would be a little obnoxious. But the point is that a line in the sand needs to be created. Talking about Bitcoin, does not imply any other coin is welcome for discussion. That's generally speaking of course. I don't think stacker news seems to have this policy, but I think Bitcoin maxis are looking for ways to create barrier zones such as this and it just happens that twitter is a very public place where public perception has to be maintained.
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Normies don’t have their money invested in other projects. They have it invested in other assets. Calling all other assets scams, and being very culty doesn’t help recruit more people to bitcoin imo.
We all want sound money, and have come to the conclusion that bitcoin is the best form of sound money. That’s what we should be focussing on as bitcoiners. Nothing else
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What other assets? Are you under the impression that Bitcoin maximalists are calling housing a scam? Okay maybe a little bit, it is propped up by debt, but if you can get in at the tail end of a debt callapse its not so bad. Are we calling stocks scams? Well there are a lot of zombie companies that are propped up entirely by government subsidies and companies that are not profitable but are propped up by investor speculation (Amazon), but overall a basic S&P 500 stock portfolio over a 10 year period tends to beat inflation at the very least.
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yeah i'm glad I got in before I recognized some of the cult behavior. It's really off-putting to normies.
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This comment was featured on This Day in Stacker News.
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The Twitter algorithm is made for controversy and kulturkampf. When people get riled up they spend more time on the platform which increases ad money for Twitter.
It's a smart business strategy but it's quite hostile environment for humans to live in.
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I think hostility is warranted in some cases since it's a pretty serious fight. One does not simply fix money without making very powerful enemies along the way.
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I'm going to step on a beehive with this one, but I think it needs to be said. I don't necessarily think shitcoins are all bad. After all, manure is useful for fertilizing your fields. I won't pretend that shitcoins are anything worth HODLing or that they are a threat to bitcoin, they are certainly a distraction, but the shitcoins serve a purpose other than enriching devils and pandering to FOMO. The purpose of shitcoins in the larger scheme of things is to explore a new idea and new technologies built around blockchain, to 'flesh out' the alternative designs and provide a means by which to solidify ideas which could be incorporated into bitcoin as the need arises. With regard to trading in shitcoins, there are many maxis that argue you are immoral for doing so. Lets take my case of having a bag of dogshit coins from many years ago that one certain BS artist wants to promote because he thinks he's being funny. When they went to nearly $0.75 I offloaded them faster than you can squish on a bag of flaming dogshit. Was it immoral for me to do this? Am I promoting the shitcoin scams by selling them? A purist might say I should have sent all of them to a burn address or deleted my keys, I say no. Why is it moral to sell your bags of shitcoins? The same reason its moral to sell your grandmother's 5ct diamond ring, because I don't have any use for it but someone knows someone that does. Why do people want gold bars? Could it be they want to melt it down and use it to sputter on a semiconductor? Probably not, but maybe and the gold bar stacker is competing for the same gold as those in Austin wanting to build a semiconductor fab, so me selling it to a dealer who will probably sell it to a stacker isn't immoral because its none of my business. The pure act of selling it says enough, that you don't want or need it. Why do you need to convince everyone else they shouldn't want it? Some people only learn the hard way, and why should they believe you when you look exactly like just another crypto-pumper?
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What is your definition of bitcoin maxi hostility?
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Not OP but I would say convincing people via being condescending instead of meeting them half way and try to adapt the arguments depending on your conversation partner.
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I think so, I think when you put money/cost barrier behind what you have to say you think about it a lot more and value it more than when its free. you can see it on fountain too, people are only going to send you a message to
  • support you
  • correct you constructively
I've hardly seen people just ripping on podcasters there for being morons, lol
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When incentives align, the results are good... Zen of Stacker News
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I used to follow a lof of maxi and get tired of the memes, about what is bitcoin and other chains. Deleted almost all of them and started following lightning devs. Yes, you see from to time to time lightning maxis butt talk is more about solutions and products.
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I used to follow a lof of maxi and get tired of the meme
I don't mind toximaxis. However there are lots of low quality input from certain circles. Not even arguments but just straight up meh stuff like putting someone's head on top of another image or video. Its not even amusing.
To make things worse, other kinds of unsavory trolls are using maximalism to co-op their ideologies. I'm talking about things like "real bitcoiners need to live like this, eat that and be religious like me" along with utterly nonsensical stupidity like "pets are fake love you need a family" (yeah this happened).
I'm amazed people like Alex Gladstein managed to keep general respect up to now. The people I've mentioned surely would salivate at the idea of mob canceling him.
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There's a bunch of "finance" people that are just not worth the time to listen to on Twitter. With devs you just get much clearer signal...
I don't really see any shitcoin content, so I guess I did good on not following that type of people. My guilty pleasure is following https://twitter.com/arthur_van_pelt and his BSV posts for the entertainment value.
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I'm a Bitcoin Maximalist. There's absolutely nothing wrong with being a Maxi. Don't confuse this with being a dick. We want to fix the world via the hardest, soundest money that the world has ever known. We don't want to enrich some Altcoin's founders and VCs. That is a Bitcoin Maxi. If someone is hostile towards you, then they're just a maxi that happens to also be a dick.
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Welcome! The lightning experience is really something. Value transfer baked into protocol level. The possibilities are endless.
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15 sats \ 1 reply \ @gs 11 Jul 2022
I am yet to see a “maxi hostile” take that ended up being wrong.
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Saifedan, PlanB
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Twitter sucks, they can keep banning, but they know that it is very easy to just make a new account with the same email with a + sign added to the email address, they deliberately allow bots to operate, in fact i think 50% of reddit is just bots.
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Welcome although still levels of toxicity exist haha there is very strong signal here and yes sats where your mouth is raises the bar for sure! I have found here def less trolls and more of the need to know stuff finds its way here! It's basically a go to all in one bitdevs in your pocket
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welcome! Love this place more and more compared to twitter indeed.
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My man.
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