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The Verge: "CRYPTO IS WINNING, AND BITCOIN DIEHARDS ARE FURIOUS ABOUT IT"


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With all the recent chatter about the toxicity of the BTC Maxies, I was curious to read this (somewhat) entertaining piece about the Bitcoin Con recently held in Florida

Excerpt :  

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Cryptocurrency entered mainstream consciousness in a big way during the pandemic, when people were bored, frightened, and lonely. What did not enter the mainstream was the mindset of the so-called Bitcoin maximalist. Bitcoin maxis do not want to talk about cryptocurrencies or Web3. They want to talk about the One True Faith, which is Bitcoin.

Bitcoin maxis generally believe some or all of the following: Bitcoin is better than other coins such as Ethereum because its supply is fixed at 21 million Bitcoin, making it anti-inflationary. The Federal Reserve is a mistake, and leaving the gold standard was a tragedy. Bitcoin is superior to other coins because it is leaderless — its founder(s) Satoshi Nakamoto, who wrote the famous whitepaper on which all cryptocurrency is based, has vanished — and its governance owes nothing to venture capitalists. The most intense Bitcoin maxis believe Bitcoin will bring about world peace once it is the only money because it will destroy all governments.

https://www.theverge.com/2022/4/28/23042819/bitcoin-2022-miami-beach-conference-maxis

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