Erik Weijers, 5 months ago
Especially in a bear market, the mood of crypto investors is a bit off. Not infrequently, they fly at each other's throats. The Bitcoin maximalists, the hard core of Bitcoin defenders, go the furthest in this. But what is this Bitcoin maximalism anyway? Pete Rizzo proposed a test.
Among Bitcoin's most ardent supporters, their attitude has religious traits. Other camps are attacked ('all other coins are scams/shitcoins') and apostates are banned from the community with tar and feathers - an example of this was Nic Carter's 'ex-communication'. The people in this camp are also called the toxi-maxis. Examples include Max Keiser, Cory Klippsten and Saifedean Ammous.
This sounds like not such a healthy culture. Also, toxi-maxis are known for their dislike of the nation-state and their often distinct dietary views (just Google and be amazed). But before you think: what idiots.... there's also something to be said for the fact that these maximalists form a kind of defensive line around Bitcoin. And that they often rightly warn against scams.
Even Vitalik Buterin, noted founder of a "competitor," advocated Bitcoin maximalism - though it was intriguing that he published his argument on April 1.... His reasoning: Bitcoin survives not only because of its strong technical design but also because of the culture of 'evangelists' and defenders: maximalists, in other words. They make sure no one messes with the design. Conservatism and intolerance, he says, can be a strength here.
Pete Rizzo is an editor at Bitcoin Magazine and crypto exchange Kraken. He listed nine questions for his test. Your answers add up telling something about your status as a Bitcoin maxi.
I stand for...
How do you score on the maxi test? You may agree with some questions and disagree with others. This shows that Bitcoin maximalism is a spectrum.
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He lists these principles in the acronym RIPCORD. According to Antonopoulos, you should score a crypto project on these criteria to get an idea to what extent it is a useful contribution.
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