Are you a bitcoin maximalist?🤔

robot
Abstract generation in progress

In the crypto world, you often hear a term called “MAXI”, which simply refers to Bitcoin maximalists—those who firmly believe that only Bitcoin is the true crypto asset, and that all others are scamcoins.

The Faith of MAXI

Why are these people so persistent? There are several main reasons:

  • Bitcoin has the strongest network effect and the most users.
  • The largest market capitalization and the strongest consensus
  • The code design is the simplest and most secure (according to Satoshi Nakamoto's original philosophy)
  • The only cryptocurrency that could possibly become a global reserve asset
  • A true store of value tool

In their eyes, other coins are “alt” (alternative coins) or even “shitcoin” (garbage coins), deviating from Satoshi Nakamoto's original intention.

Extend a bit

The MAXI label has recently been used on investment products like the Simplify Bitcoin Strategy PLUS Income ETF, providing institutional investors with BTC exposure.

What do you think? Are you a MAXI believer or a multi-chain supporter? The crypto world is always full of conflicting opinions.

BTC1,35%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)