I am close to a bitcoin maximalist. This is because when I look at other coins whose adherents claim are better they all seem to sacrifice one or more of the principles of Bitcoin. I am not here primarily to make fast money although it is nice . I am here because I have zero confidence in central banks and politicians . Since Nixon took the USA off the gold standard and bullied other countries to follow suit fiat has been losing purchasing power. I therfore see it as an insurance against the declining purchasing power of fiat which is a form of inflation really .
BTC was created as a means of exchange to deal with this . At the present time it is more a means of storing value if you have the nerve to hold during large pullbacks or as in my case believe in its ultimate supremacy as a means of exchange .
This web page has a lot of info
https://www.lopp.net/bitcoin-information.html
also reading try jimmy songs God and Bitcoin or if you want more depth and I strongly reccomend you do go to the Bitcoin Standard by
Saifedean Ammous
- Forums
- ASX - By Stock
- XRP..
I am close to a bitcoin maximalist. This is because when I look...
-
- There are more pages in this discussion • 207 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)