What's the difference between Minimalist Bitcoin and Bitcoin Extremists?

in #bitcoin5 years ago

View this answer on Musing.io

Well I for one am a Bitcoin minimalist/leaning toward Bitcoin Maximalism.

What they're is up to you? But here a common def:

Bitcoin minimalism is the holding of majority bitcoin and some alts. You recognize that Bitcoin is the best and most decentralized right now but holding altcoins are ok as long as they aren't a copy of Bitcoin/or compete with it directly. 

Bitcoin Maximalism is saying that Bitcoin is number one and only a very very few alts are good. Any alt you accept also has to try to help bitcoin ie Litecoin and Monero. It is also ok to trade alts as long you sell for more bitcoin. 

Bitcoin Extremists are those who think Bitcoin and only Bitcoin is the only crypto allowed. Any crypto that exist should die bc they are not bitcoin. You do not and should not hold any alts for it helps with the volume. 

Notice I am only talking about other cryptocurrencies? 

All these groups advocate buying Gold,stock and other investment styles but diff on the opinion on crypto.  

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