Maximum Bitcoin is the idea you need to fix money first


The money market has been distorted by the state for a long time, and it no longer existed before the arrival of Bitcoin.

This is an editorial by Nico Gelsch, a financial journalist based in Vienna, Austria who runs Fixthemoney Substack and a German audio file called Did You Bring Bitcoin.

Fine. It looks like we’ve decided to spend the “cryptocurrency worker” arguing about who is the coolest kid on the block: Bitcoin Maximalists or altcoiners.

This isn’t a new debate but the recent split with Nick “Rising Star” Carter and some others from the “Toxic Maxis” camp has restarted it. Then there was this thread by Bitcoin Core developer Matt Corallo.

Now I will gladly start here. Obviously, Matt knows what he’s talking about about Bitcoin. He knows the method, method, method more than I do when it comes to the technical side of things. Compared to him I’m nobody.

But with that said, I will call myself a Bitcoin Maximalist.

And I do not agree that they are a “dying breed”. In fact, if anything, our camp is growing.

Did people forget? color previously? A whole new category of maxi was born on the day of its collapse.

We all have our reasons to focus on bitcoin. My business is very personal: I want to fix money. Maybe that’s cheesy or arrogant. But ever since I realized our monetary system is broken, this has been my obsession.

I haven’t had Bitcoin for years! I was a Goldbug, Knokwiner, Altcoiner first.

It took about seven years for me to end up as a Bitcoin Maximist and it was the pivotal moment when I decided for myself that it was probably too late now to “get rich” with Bitcoin.

This little thought opened up a whole new world for me.

So where does all of La Maxis come from?

Since then I’ve met all kinds of people. And one thing is for sure. The real maximum Bitcoin is a completely different group from the rest of the crypto people. They think and act differently. They are building a social network on top of the cash network.

So what about the lamexis?

My experience has been that many people who have come to Bitcoin with a purely technical perspective like to look at new projects (altcoins) and what these projects aim to achieve. After all, wasn’t it intellectual curiosity that got them to Bitcoin in the first place?

Many of these “nerds” (I mean this in the nicest way possible, I love you all!) also came to Bitcoin early on and are now rich beyond their imaginations – they might even be a bit bored with Bitcoin now.

For them, being “only bitcoin” doesn’t make sense. Matt contributed more to Bitcoin than I ever will. Why isn’t he curious about other things? Good for him!

The number rose – this is what attracts you Bitcoin

Nick Carter comes from the investing side of things. This is where many altcoins, both small and large, come from.

This is a different group.

Some of them were early and got really rich with Bitcoin. Now they’re looking for the next big payday. Others feel they have “missed” Bitcoin and are looking for their opportunity to grow. I can understand them better because I was one of them. In fact, I imagine almost all newcomers fall into this group.

The number is rising.

This is how bitcoin (and cryptocurrency) attracts you. It’s okay. It’s like a Trojan horse. Someone once said: “Bitcoin is a revolution that protects itself by making revolutionaries rich and incorruptible.”

Well, it turns out that the desire for more wealth and status is a part of human nature today, and rich bitcoins can even be tempted with more money. This should come as no surprise after decades of inflation, fiat money, consumerism and time preference.

This is also the crux of my argument here.

We need to separate money from the state

Carl von Clausewitz He said War is the continuation of politics by other means.

Altcoins, DeFi, NFTs, and Proof of Stakes are a continuation of fiat money by other means.

I get a lot more fighting to fix money than chasing the next high.

I want to play my part in making sure the Bitcoin network survives and thrives. I don’t know much about computers or trading, but I know how to write, talk, and do podcasts and videos – and that’s what I do.

I want to see Fiat Experience End. I want to know what that will do to our valuable investment theories. And to be honest, I don’t see this as limiting either. Scarcity is so important to us as human beings, it is literally what helps us start our lives. Ask any child trust. I think money is as good as anything else. I think the money market has been distorted by the state for a long time, and it didn’t even exist before the arrival of Bitcoin.

We need to separate money from the state. I think Bitcoin is our best (and probably only) shot at doing this.

That’s why I only bitcoin. That’s why I’m an extremist. We need to fix the money first.

Then we can talk about your JPG value to the monkey.

This is a guest post by Nicholas Gelsch. The opinions expressed are their own and do not necessarily reflect the opinions of BTC, Inc. Or Bitcoin Magazine.

The opinions and opinions expressed here are those of the author and do not necessarily reflect the views and opinions of Nasdaq, Inc.





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