What Bitcoin's Toxic Maximalism Means For Spectators CryptoBlog

What Bitcoin’s Toxic Maximalism Means For Spectators CryptoBlog

This is an opinion piece by Boomer, a longtime active member of the Financial Independence/Early Retirement (FIRE) movement and contributor for Bitcoin Magazine.

I was recently inspired after reading Tomer Strolight’s article, “Bitcoiners Aren’t Toxic – They Have Integrity”.

For context, I read it a few days after Nic Carter’s”situationreally exploded on Twitter, and the Strolight article really resonated with me. To be clear, I have a lot of respect for Carter and all the good work he’s done for the Bitcoin community, especially the work he’s done to demystify the energetic fear, uncertainty, and doubt out there- down. Love him or hate him, he truly is one of Bitcoin’s most prominent voices in the energy and mining space. Over the past few weeks, he has taken on the chin from many in the community for investments in ‘blockchain’ and ‘crypto’ ventures through his venture capital firm, Castle Island Ventures. . In his defense, he’s been very transparent about his investments in these projects, speaking quite openly on his “On The Brink” podcast for at least a year. In retaliation for the criticism, Carter has written a few articles and appeared on a few podcasts where he has hit back at the critics, calling out a vocal group in the Bitcoin space known as the “Toxic Bitcoin Maximalists” or pejoratively “Toxic Maxis”. I don’t intend to repeat exactly what was said about him or what he said back, but it all got pretty ugly. In the opinion of this humble plebs, this seems childish. It could be a symptom of the bear market that Bitcoin folks are turning around, or maybe it’s Bitcoin’s immune system doing its job.

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