People who are invested in cryptocurrencies will usually try to see the bigger picture. This industry is about more than just the top 15 markets ranked by market cap. Even so, there are people out there known as “Bitcoin Maximalists”. Since this term causes a fair bit of confusion, now is a good time to address what makes one a Bitcoin Maximalist.
The Bitcoin Maximalist Conundrum
As the name somewhat suggests, a Bitcoin Maximalists is an individual who values Bitcoin above all else. Although that idea might apply to most cryptocurrency users and investors, there is a bit more to this “ideology”. Rather than appreciating innovation brought to the table by alternative projects, a Bitcoin Maximalist couldn’t care less about those coins. Instead, such a person sees everything that is not Bitcoin as useless clutter.
While this is a point of view which is understandable up to a certain degree, it has become a lot more complicated to maintain this train of thought. Bitcoin will – probably – remain the top…