Bitcoin is fine. There really is nothing fundamentally wrong with it, or at least not enough so to warrant trying to replace it this early. Theres a few things we can enhance, both inner protocol and external application, and as long as its beneficial, its fine.
Don't get me wrong, i come from a background of shallow multicoiner-ism. Ethereum, EOS, shitcoins, you name it, I've held bags of random shit before. And its fun to speculate, exhilarating. But its also addictive and demeaning to your character. But in all the time I've spent buying random shit and HODLing it on exchanges, i actually lost my love for spreading adoption.
I remember what it was like back in the earlier days. You'd pull out your laptop, show your friend your bitcoins on Electrum, and send them some Bitcoin - BTC. People were so excited for the financial revolution. And then the exchanges started really coming to power, the blocks started to get full, everyone was angry and confused why it was so expensive to use bitcoin, and in the aftermath of the 2017 pump and dump, we all went our separate ways. It took me a while to navigate my way back home, to Bitcoin Cash.
These other coins, if they're trying to tell you that bitcoin is fundamentally broken and you need to use them instead, they are misguided scams and battleships of people's ego and arrogance. We don't need Monero, we never needed Monero. It was cheaper AND easier to anonymize your bitcoins with a coin mixer! The government was ecstatic when it exploited the silk road, because they knew they could convince people that bitcoin isn't useful for black markets, and the fearmongering WORKED! We don't need Dash, we never needed Dash. The governance model of bitcoin is ideologically perfect, those that work, reap the benefits. Those with money / riches, still have to work, take risks, and prove their competence and intelligence, or they don't get to participate. We don't need Ethereum, we never needed Ethereum. Bitcoin was always capable of supporting and facilitating smart contracts and on-chan dapps. We don't need Ripple, we never needed ripple. Bitcoin is fundamentally borderless and is quicker and eaiser to use then Ripple! We don't need Litecoin, we never needed Litecoin. Faster block times was never necessary with the existence of an intact 0-conf, and the specific supply number doesn't matter as long as its economically consistent. All these coins are either scams, misguided attempts to fix something that was never broken, or distractions meant to detract from the global adoption of bitcoin.
"Maximalism" didn't even become a term until the altcoin boom, and then it was used to slander people that didn't buy into these secondary projects and money grabs. Well excuse me multicoiners, but i want to overthrow the corrupt fiat systems and bank cartels of the world, i don't have time to start all over and support your flavor of barely diffetent infrastructure!
These other coins, its fine if they exist. Its fine if they try. But most of the people invested in these random altcoins don't even care about adoption. They just buy it because they think "its the next bitcoin" and they don't understand risk or economics enough to know that it most certainly is not.
Its fine to respect another person's efforts in some project, but that doesn't mean you have to buy into their scheme, or support the project itself. Refuse to buy into these secondary "distraction schemes". Anyone can come up with a version of bitcoin that's (MAYBE) 1% better, but we don't have time to stop everything and reorganize for something that's only 1% better. Give me 1,000-10,000% better or GTFO! Most of these ideas are either better as TEMPORARY experiments that don't ask for all your time and money, or as proposals to work into bitcoin, if desirable and useful. Once bitcoin fails, then we'll consider taking your scheme more seriously.
Theres nothing wrong with buying bitcoin, spending bitcoin, and giving bitcoin to your family and friends, and refusing to buy into or support these other fringe projects trying to steal the spotlight and slow down the movement. That's not being a "toxic maximalist"! That's supporting bitcoin, and having your damn priorities straight.
We need peer to peer financial freedom for the world, and the multicoiner trolls don't want that. They want financial freedom for only themselves, and they want to dump their bags on you to accumulate fiat (or bitcoin).
My last thoughts: Speculation has both positive and negative effects. Smart speculation trims the highs and lows of some asset and stabilizes the price. Dumb / amateur speculation causes the price to have higher highs, and lower lows. If you do not know what you're doing, don't gamble the markets! Dumb money is hurting bitcoin in terms of price stability, and its hurting most of the noobs trying to speculate. Bitcoin is supposed to be used as money, to be sold gradually for goods and services, to give bitcoin more utility and therefore warrant healthy price rises and healthy corrections. If you think you're some astronaut going to the moon so you can dump your bitcoins on your friends and family, then do everyone a favor, and just go buy lottery or scamcoins instead!
Bitcoin is the new money. Its not a way to get rich quick, unless it gets adopted quick, then we'd all be happy in bankrupting the banks and making money off the statists. But that's it. Everything else is a temptation waiting to ruin you, financially and morally.
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from Bitcoin - The Internet of Money http://bit.ly/2x1r8FU
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