Can Toxic Maximalists Hurt Bitcoin

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June 4 2021, Bitcoin Conference, Miami, Florida: Max Keiser strides onto the stage, clad in a white suit, in triumphant fashion, yelling,

“YEAH! YEAH! WE’RE NOT DONE! WE’RE NOT DONE! F*CK ELON! F*CK ELON!”

This clip attracted plenty of online criticism, perhaps most from those already looking for something to criticise, but also from some who are pro-Bitcoin. But what was the impact? And how badly can Bitcoiners hurt Bitcoin?

I’ll have more on Max Keiser later.

Bitcoin’s most underrated facet is its fully distributed (frequently also described as decentralised) nature, both in terms of the miners and node operators. But this concept of decentralisation also extends to Bitcoiners themselves: The core developers, the miners, the podcasters, educators,media personalities, the traders,on-chain analysts, venture capitalists and the plebs are all certainly cohorts. However, because of the “opt in” nature of Bitcoin, attempts to typecast Bitcoiners typically fail.



Source link Bitcoin Magazine

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