In the cryptocurrency industry, Bitcoin is currently the gold standard. It’s the digital asset that preceded all others, and has laid the foundation for everything that has come since. For some, Bitcoin is, and will forever be, the only viable cryptocurrency. But for others, Bitcoin is just the beginning of a burgeoning industry which will continue to evolve. These two belief systems, while looking to achieve the same thing — a new, decentralized and digital economy — are at odds with one another. So, are you a Bitcoin maximalist, or minimalist?
You’re a Bitcoin maximalist if you believe that Bitcoin is the only cryptocurrency of value and will be the only digital asset to matter in the future. Maximalists see Bitcoin as the one digital currency to rule them all. Everything else calling itself a cryptocurrency will eventually be found useless.