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The Paradox of the Bitcoin Maximalist

cryptovert September 28, 2024 1 min read

data
manipulation
and
censorship
measures.
Big
top-down
decisions
could
start
to
compromise
privacy
and
pseudonymity
customs.
Eventually
regulatory
advances
could
yield.

However,
dystopia
is
not
an
inevitable
outcome.
The
onus
to
act,
with
purpose,
still
lies
with
crypto
natives,
and
more
specifically
those
who
claim
to
be
Bitcoin
maximalists.
While
institutional
dominion
is
a
problem,
the
more
immediate
problem
is
the
lack
of
acceptance
that
Bitcoin
is
a
people’s
currency.
The
sooner
it
is
accepted
that
Bitcoin
may
be
treated
like
any
other
asset,
the
sooner
that
full
focus
can
be
given
to
maximizing
its
value
for
everyone.
If
global
crypto
adoption
is
to
truly
manifest,
minds
must
change
and
grassroots
action
must
be
taken.

Continue Reading

Previous: MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin
Next: Swan Bitcoin Claims Ex-Employees ‘Stole’ its Mining Business at Tether’s Direction

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