- This topic has 11 replies, 2 voices, and was last updated 2 months ago by llewsor.
- Sunday, July 24th, 2022 at 02:33 #344011Darken-kunParticipant
I’m trying to understand the mentality of a maximalist and why does a person decide to become one. If you’re a maximalist yourself, please share your point of view about this.Sunday, July 24th, 2022 at 02:51 #344012veggiecrunchwrap
Sound money will lead to a bright orange future imoSunday, July 24th, 2022 at 02:56 #344013Bsmirlptrww
Bitcoin 101 course
Why Bitcoin is the most important invention since the internet?
*Correction – Bitcoin is a discovery, and it’s the most important anything in human history.
The Bitcoin Standard summary – A deep understanding of money and why Bitcoin is the best possible money.
There are many currencies in the world today. Why do Bitcoiners think only Bitcoin will win, and be the only money?
Excellent question with an excellent answer:
But I heard proof of stake was more efficient than proof of work. Here’s why proof of work is essential:
Another short video on what separates Bitcoin from altcoins https://mobile.twitter.com/coryklippsten/status/1540045712733351937
Jack Mallers talks Bitcoin criticisms. https://youtu.be/ZpKa1fzEKr4Sunday, July 24th, 2022 at 02:57 #344015Boe_Ning
How are you defining “Bitcoin maximalist?”
Going to have to do that, or the answers are going to be all over the place.Sunday, July 24th, 2022 at 02:59 #344014essessential
The only maximalist aspect in the digital finance space I support is fuck the bankstersSunday, July 24th, 2022 at 03:00 #344016DoYouEvenMonad
It would help to know where you’re coming from.
How well do you understand The Byzantine Generals problem? Do you understand how Proof-of-Work solves this and how hashing power is relevant to the security of a blockchain? Because if you don’t, it’s going to be really hard to understand why maximalists are maximalists.
Are you familiar with the history of altcoins? How many altcoins can you name that have existed for more than 5 years and are still relevant today? Of those that are greater than 5 years old, how many have gained value with respect to bitcoin?Sunday, July 24th, 2022 at 03:00 #344017savinelli_smoker
Because money, if operate in a free market, is a winner-takes-all scenario. We have diff currencies in the world because diff countries impose their use on their citizens. You can’t pay your tax in Japan with USD, the Japan gov imposes the use of JPY on you if you live in Japan.
But if people are allowed use any currency freely, they’d use the most trusted and most difficult to get (valuable) the most widely circulated and most accepted money, instead of using some fringe, minor league, less common money.
In the past it was gold that won the competition.
In today’s fiat world it’s the USD.
In the digital asset world, among the 20,000 shitcoins, take your pick. Personally I know which one to choose.Sunday, July 24th, 2022 at 03:07 #344018192838475647382910
You don’t decide to become one, you learn by either getting fucked by a “bitcoin killer” or you seeing someone else get fucked.
People that ask why people are “maximalist” don’t understand why bitcoin is a thing, you are asking people why they aren’t willing to break the law by speculating on unregistered securities for some quick gains, that’s not the point with this.
bitcoin isn’t a get rich quick scheme, it’s a stay wealthy forever scheme.Sunday, July 24th, 2022 at 03:07 #344019BTC_Deepfuckvalue
Because out of all the 20,000 other coins Bitcoin has the most fair distribution that is not for anyone else’s benefit or profit.
Rules, but no rulers.
It is grounded in real world electricity cost and hash power. There is no cheating, it’s just a matter of who has done the most honest work.
No one can change Bitcoins monetary policy for any reason at all despite all the greedy or altruistic attempts.
Bitcoin is programmable money that can scale into multiple layers, upon the most solid base layer secured by the strongest, growing, adapting computer network we have ever seen.
Bitcoin rewards truth, honesty, hard work, low time preference, and leverages/changes greed, jealously, and high time preference.Sunday, July 24th, 2022 at 03:09 #344020Otowner98
Separation of state from money.
Michael SaylorSunday, July 24th, 2022 at 03:12 #344021OsrsNeedsF2P
Because the other cryptos are soiled radishSunday, July 24th, 2022 at 03:12 #344022llewsor
i’m a shitcoin minimalist
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