Like a lot of people here I struggle to define exactly what Bitcoin maximalism even is, although I might self identify as a maximalist.
Where I would disagree with his quote is that I don't deny the existence of other cryptocurrencies. They are there, there's no doubt. I just haven't found any that solve the particular use case of 'money' better than Bitcoin.
I also accept the fact that fiat currencies exist and they are also a form of money. They are currently the most widely accepted medium of exchange. But just because something is widely used or accepted doesn't make it better. There are many examples of this in history. At the turn of the 20th century horses where the most widely accepted mode of transport. We all know how that turned out.
I can see why someone might compare maximalism to religion but at the same time I find it very strange to liken a technology to a god. My belief in Bitcoin is not because I have faith, but because I put in the work to build up conviction from first principles. I've listened to every argument against it and why it might fail. I'm under no delusions that there are still risks, but I haven't found anything better that even comes close.
From just the image (haven't read the book), I think the answer to why he likens the technology to god is in the second paragraph – he's talking about the fanaticism. In the context of monotheism and monostatism, his "mononumism" (a blind faith only in one coin and complete disregard / disdain for others) is negative.
My takeaway is that religious and state fanaticism never led to net benefits to society, which something I subscribe to. Maybe he makes a completely different argument in the book, but just this quote gives me this vibe.
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I got that vibe as well. I just disagree on the blind faith part. Some people might have blind faith in Bitcoin but I think a lot of maximalists got that way from being skeptical having doubts and putting in the work to verify their assumptions. That's the opposite of blind faith.
I could be wrong. Anyone could be wrong. But are we all collectively wrong? I find that much harder to believe.
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