Bitcoin Maximalism explained in less than 350 words

The current monetary system (central banking, fractional reserve, credit expansion, treasury bonds, modern monetary theory) is pure evil and the main cause of so much suffering in the world related to money, work, stress, poverty and low quality of life.

Bitcoin fixes this. It separates money from the state and takes away the power from banks and politicians. It is designed in such a way that it can last for centuries and resist all sort of attacks. There is no single entity or group of people that controls it. The monetary policy cannot be messed with.

Altcoins (shitcoins) are an attack on Bitcoin because they distract people from the main goal, which is to replace the fiat monetary system. Their narratives rely on attacking Bitcoin (“it’s old tech”, “too slow”, “has no utility”, “bad for the environment”), slowing down its overall adoption.

Most of these altcoins 1) are scams that exist to enrich its creators, 2) are centralized (their rules can be easily changed), 3) solve no real world problems and 4) are being used exclusively for trading as a way to earn more fiat. The entire industry is full of scams and endless promises.

The discovery/invention of Bitcoin cannot be replicated. It solves a problem that took humans thousands of years to solve: Scarce money that cannot be diluted or manipulated by anyone.

Altcoins are infinite. There are more than 20,000 altcoins and new ones are being created every day. There is no end to this. They do nothing more than suck up demand from Bitcoin and give the whole space a bad reputation.

The only way we can truly help the world is by uniting under Bitcoin.

Save in bitcoin. Accept bitcoin as payment. Spend your bitcoin. Onboard people and businesses. Educate others.

Everything else is a distraction.

submitted by /u/HumbleBitcoinPleb
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