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I feel like this is the peak case for BTC maximalism – lending credit to uninformed masses about altcoins and their mechanisms when most of them couldn’t survive 4 years.

I feel like this is the peak case for BTC maximalism – lending credit to uninformed masses about altcoins and their mechanisms when most of them couldn’t survive 4 years.



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3 Comments

  1. Let me make a side comparison. Not a 100% same case, but similar **based on flawed perspectives:**
    I was teaching English in China a long time ago. One day we took a field trip. One of my students asked me, “What do you like the most about China?” So I responded, “I like Chinese movies.” Some guy standing nearby was listening, then he laughed and says, “Ha ha ha, I like Chinese boys.” thinking that he understood what I said.

    I feel like too many new people join the space without an understanding of what they are buying, and when meme coins take off everyone is excited to go out and buy the next thing that pumps without thinking, “Is this safe?”

  2. There is crypto, and there is bitcoin. The former waits around for the latter’s halving to do anything. Educating people on this is important, but just like bitcoin itself, shouldn’t make sense to anyone that doesn’t understand inflation, debt, and fiat first. Without that, bitcoin makes zero sense. In fact, it’s wasteful and stupid. It’s why people are turned off, run to alts which seem principally the same, or come to bitcoin but leave, only to return a moonshot later. Everyone I know came to bitcoin and left, but returned after education on what bitcoin was actually doing.

What do you think?

Zilliqa (ZIL) is facing a possible 45% nosedive

Zilliqa (ZIL) is facing a possible 45% nosedive

Top 3 Cryptocurrencies Based on Social and Market Activity by AltRank

Top 3 Cryptocurrencies Based on Social and Market Activity by AltRank