Bitcoin maximalist

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A person who defends Bitcoin against all other crypto assets.

A Bitcoin maximalist believes that bitcoin is the only cryptocurrency worth holding, studying and/or building upon.

That belief comes from any of these and/or related claims:

  • Bitcoin is the only cryptocurrency that is truly decentralized. (Its creator is unknown and has not been involved with the project for many years, and there is no central authority saying what the protocol changes should be.)
  • Bitcoin is the only cryptocurrency that is distributed fairly. (There was no pre-sale for insiders, no pre-mine, everyone had the opportunity to mine right from the start.)
  • Bitcoin has the most proof of work going into it, making it the "most secure" chain.