Is Bitcoin Maximalism a Historical Aberration?
The Breakdown
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Bitcoin Is a Scam
Most Bitcoiners are normal, good people. For the vast majority of them, there's no lifestyle associated with owning Bitcoin as it should be. But there's a subset of people who made Bitcoin their entire personality and became completely emotionally invested in it. The moral basis for these people is cartoonish, it's something that might appeal to a toddler. It's a dreadful binary. Every financial asset other than Bitcoin is a scam. Even if they are objectively thriving and charging more for block space than Bitcoin. If anything interesting is built anywhere other than Bitcoin, it will inevitably return to Bitcoin. I'm genuinely embarrassed to be associated with these people. They feel deep within them the intellectual poverty of their
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