Who is a Bitcoin maximalist? Detailed answer

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2019-03-08 22:15:06

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Who is a Bitcoin maximalist? Detailed answer Source:

Criptural is more than the largest markets in terms of capitalization, the graphics and the constant fluctuations. Still at least there are so-called Bitcoin maximalists. Often this name causes a lot of confusion, so it's time to clarify the situation.

As the term suggests, Bitcoin maximalist is someone who first and foremost appreciate the Bitcoin. While this description fits most of the crypto users and investors, the term «ideology» goes a little deeper. Usually extremists are not particularly concerned with new and more advanced technology of altcoins. Instead, altcoins seem to them unnecessary garbage.

And even before this view was justified, lately it's hard to accept it as the truth. Most likely, Bitcoin will retain its primacy in cryptocotyle more years to come. Regardless of who and how it will look. But today, this does not mean that other cryptocurrency projects is garbage. Most of them even aimed at different audiences. This makes the industry so attractive.

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In addition, Bitcoin maximalists kind of like the law of Metcalfe: the concept determines the efficiency of any network. And the maximalists are confident that any third party projects with cryptocurrency Bitcoin taken from the valuable resources — nodes, service providers, innovation and so on.

At the same time, statistics is a bit contrary to this idea. The Bitcoin continues to evolve and grow. Now the assets of thousands of nodes, and Lightning Network gets more and more support. It should be noted that the majority of the alternative cryptocurrency projects bring to the industry innovation. Ultimately, all the technology and resources are for the benefit of Bitcoin. They only strengthen the belief that BTC will continue to hold the lead in the industry.

The More data you look at . The current rate of coins can be found in our classroom .

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