Bitcoin Maxi, n. One who regards Bitcoin as the only legitimate form of sound money,
rejecting fiat currencies, precious metals, and other alternative means of exchange
as inferior or unnecessary. A Bitcoin maxi typically accepts payment for goods and
services exclusively in Bitcoin, requiring the buyer or counterparty to acquire BTC
or handle any necessary conversions themselves.
Example usage: "He's a committed Bitcoin maxi—his online store takes Bitcoin only,
no dollars, no gold, no cigarettes, no Tide pods; you convert first if you want to buy."
This term (short for "Bitcoin maximalist") captures both the ideological conviction in
Bitcoin's fixed supply, decentralization, and long-term superiority as money, as well
as the practical commitment to using it as the sole medium of exchange in personal
or business transactions. agree50.0%
disagree50.0%
4 votes \ 21h left
That's Bitcoin Only.
Maxi still assumes there is a competition where bitcoin is the strongest candidate and not the only option. This is closer to fiat actually, see French revolution as for case study.
I don't see a reason to demand that the consumer side of your goods/services adopts it. If you quit your fiat job and wait for the market to adopt a willingness to pay you directly in Bitcoin, then you become a net seller in the meantime and apply downward pressure to the price.
It's better that those who are ideologically aligned with the free market accumulate Bitcoin first while statists lag behind, as opposed to everyone adopting it all at once. Accepting fiat as a payment method only maintains an illusion that the old system has staying power. If you immediately convert it to BTC then it doesn't make a difference in the long run.
As a registration of consensus definition I disagree. As a redefinition, this is pretty good.
About as good a definition fot the term as I've ever seen.