Crypto Investor #48 – What Is A Bitcoin Maximalist?

What’s up, this is Tai Zen and I’m broadcasting here from Atlanta. This video I want to share with you really quick what is a Bitcoin maximalist. Bitcoin maximalists are anyone who is a Die Hard Bitcoin fan or a Bitcoin Die Hard or a huge fan or a hardcore fan of Bitcoin and a believer in Bitcoin.

They don’t believe that any other Cryptocurrency out there is worth a while. So they usually tech development people, Bitcoins maximalists is usually not a trader or an investor because as you know people like myself who are Crypto investors and traders, we really don’t care which one succeeds as long as the price moves.

That’s what you often hear online Bitcoin maximalist and you may be wondering what they are, they’re just simply a Die Hard fan or believer Bitcoin and they don’t believe that any other alternative currency is worthwhile except for Bitcoin since it’s the first one, it is the most stable one, is the one that has not been hacked yet.

Now this term Bitcoin maximalist was created or the first one that I heard about it was from Vitalik Buterin, the founder of the Ethereum and he was describing people who were Die Hard Bitcoin believers and refused to accept the Ethereum blockchain as a legitimate blockchain.

And now that Ethereum hard fork has become the 2 separate blockchains, Ethereum Hard Fork and Ethereum Classic. It has prompted more and more Bitcoins maximalist to come out of the woodworks and come out of the woods and swear up and down that Ethereum is a joke or not for real that you can change at any time and it is not immutable like they claim.

So just be aware, that’s what Bitcoins maximalists are. Now the most famous and the most popular at least I think that the most popular Bitcoin maximalists are a guy in New York called Tone Vays.

He’s always broadcasting from the world Bitcoin network with Mark Hunt and Matt Bitcoins and so they’re always doing a broadcast and Mark Hunt is Thomas Hunt. They’re always bringing up Tone Vays to give his opinion and some of these new Cryptocurrencies that’s coming out.

So Tone Vays always the one that’s providing commentary on why he believes that the DAO is no good, Steam is no good and all these other things. So most of the time when you hear me talking about Cryptocurrencies, it’s for trading and investing purposes.

So if I’m talking about it, more than likely I’m invested into it. So if I’m invested into something just be aware that I’m going to have a bias about it. However, if you listen to Tom Vais, he usually has a view to dissuading people from investing or trading in that specific Cryptocurrency.

So if you ever want to hear the opposite view what I have to say or what LeonFu.com has to say then go check out Tone Vays, they were at the World Bitcoin network. So that’s it for now, I’m gonna get back driving again and I’ll see you in the future videos.

If you like these types of videos, give me a thumbs up. You don’t like it, give me a thumbs down and I’ll catch you in a future video.

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