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11 sats \ 1 reply \ @k00b 15 Jul 2022 \ on: [OPINION] How do you define a bitcoin maxi? bitcoin
I define it for myself a lot like James O'Beirne does.
- you realize blockchains are extremely experimental and bitcoin is the most conservative and safe design
- you don't think altcoins are inherently immoral, but you do think it's sad that 98% of those involved lack the technical wherewithal to realize how unsafe and speculative they are
I like this phrasing. There are definitely "low effort" bitcoin maxi's out there who hate altcoins simply for being altcoins. But the argument is more nuanced. You can make more money by investing in altcoins, but the risks and higher and most pro-altcoin folks are overstating the fundamentals.
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