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11 sats \ 3 replies \ @softglitter2d 16 Dec \ on: The true value of "Toxic Bitcoin Maximilism" alter_native
So, let's get down deeper to understand what's going on.
First at all, what is a bitcoin toxic maximalist (BTM)?, answering your question of What is the true value of being a "Toxic Bitcoin MAXI"?
A BTM is the person who teachs about bitcoin and promotes better quality money to ensure wealth protection in the long term1. Mostly, BTM never offers any single proposal that includes other currencies 2 or any type of investment because there's a new state-to-the-art new killer-app modular blockchain that can make your money faster and all the marketing buzzword that have included. This is not only in the crypto space but also in the TradFi markets where you have plenty options in stocks, bonds, etc etc.
So, given the previous explanation, let's answer these questions:
How does telling people to "Have Fun Staying Poor" help Bitcoin or the wider population?
Bitcoin doesn't need your/my help nor anyone, it's the other way, you are the one who needs bitcoin. Telling people HFSP is the consequence, when a person rejects the notion or idea that using bitcoin is good for their wealth without any logical reason3.
Say you want to help someone onboarding to buy their first sats and this...guy tells you that bitcoin:
  • Doesn't have any value
  • Ponzi scam
  • Mining is destroying the world
  • Better buy web3 killer app coin
I can think many scenarios. As you mentioned, educate needs compassion and understanding, as someone who orangepilled lots of people, I'm trying my best all the time. But the scenario is scary because people want rich-quick-scheme and fall in whatever shady scenario that doesn't have bitcoin.
Happens the next thing, when you say the things as it is (aka shitcoinery or low-time preference) people calls you toxic because...telling the truth. And the truth is bitcoin is we want to see the world rebuilt in bitcoin standard: open, permissionless, transparent. But people come to the space not to bring something to build but more shining things.
I think we can all agree we would like to see Bitcoin in the hands of more people. How do we get there?
How to get there? Offer a better solution to people, some people will listen to your words and start using bitcoin. Some people will just prefer to keep using the allmighty USD and TradFi, others will start exploring the new modular-blockchain with multiple features. You already spoken and they chose the other path. Well...say goodbye to them and have fun staying poor.

Footnotes

  1. Jameson Loop made a long-form article about the history of bitcoin maximalism until 2023. ↩
  2. Some maxis accepts the fact that USDT must exist in the short and medium term. ↩
  3. I made a post about the so-called bitcoin Maxi thing in depth, see #45110 ↩
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0 sats \ 2 replies \ @DesertDave OP 16 Dec
That makes a lot of sense and I can appreciate that perspective. There are a lot of ways to view the "toxic maxi" and I can see that in general it is just people that want to do good and help people. I have one friend in particular that I have tried so hard with. And I am about ready to tell him, have fun staying poor. I don't know what else to say. And maybe that would leave a mark and help him move eventually.
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11 sats \ 1 reply \ @softglitter2d 16 Dec
I don't know what else to say. And maybe that would leave a mark and help him move eventually.
Remember fren, your time is like bitcoin, scarce. Would you spend more bitcoins for this friend? Is it worth? Some people just don't, others maybe. Up to you how to go.
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0 sats \ 0 replies \ @DesertDave OP 16 Dec
Yeah. I am learning in general to not spend too much time with those not willing to learn and grow. And this goes beyond just Bitcoin.
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