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DEFI TIMES


Jan 31, 2021

The Bitcoin community is considered to be closed-minded when it comes to new crypto projects. This behavior is often referred to as "Bitcoin maximalism."

Bitcoin maximalism has turned out to be extremely important for the Bitcoin ecosystem. It is what keeps the narrative alive. It has also prevented popular forks like BCH or BSV from taking over the network. All in all, Bitcoin maximalism has helped the network to survive until this day.

Even though there might be positive sides of Bitcoin maximalism, there are crucial negative side effects. We argue that maximalism of any kind, whether Bitcoin maximalism or Etherum maximalism, is toxic for the crypto ecosystem.

While maximalism might protect the chain itself, it is extremely harmful to the diversity of our ecosystem.

In today's episode, we talk about the antidote to chain-maximalism.

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DISCLAIMER:

All information presented in this podcast is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This podcast’s content solely reflects the opinion of the producer, who is not a financial advisor.