Bitcoin Maximalist calls Crypto Fraud: Sometimes we are our own greatest problem in this Crypto Space
As I said in my title "Sometimes we are our own greatest problem in this Crypto Space" and I'm not joking about it. Most time when I come across all these die-hard Bitcoin Maximalists' tweets and posts, I get really annoyed because they always pick Bitcoin over other cryptocurrencies which is understandable because they are Bitcoin Maximalists and we all know what that means, but where I get annoyed and really disappointed in them is when they tear down other cryptocurrencies like Bitcoin itself is not part of the crypto space and industry.
They tweet or post annoying pictures like the one below that clearly reads Bitcoin equals Freedom and Crypto equals Fraud, for real who are they fighting? I thought we were all part of the decentralized crypto community, not separated by Altcoins and Bitcion titles because to me that is dumb and makes no sense at all.
I know and would not deny that there are some bad actors with failed projects and crypto exchanges in the crypto space that gave crypto a bad name already and some might probably still crash and as usual, give crypto a bad name or reputation, like the likes of Terra LUNA/UST, FTX and Alameda Research who has made a lot of people to withdraw from crypto thinking that it is a scam and a place to lose all their money.
All these aside I want to ask Bitcoin Maximalists one question, what are they gaining or stand to gain from trashing and calling Crypto Fraud and tearing down Altcoins? when Bitcoin their personal favorite is part of crypto and is the first crypto that was ever created by Satoshi Nakamoto the founder of Bitcoin and hence the founder of Crypto.
It is bad enough that every day we have to fight Crypto haters, Critics, the Government, Central Bank, and The International Monetary Fund (IMF) with their FUD news and lies about crypto, now we have to fight amongst ourselves, picking sides, Nah that makes no sense to me, all of us in the crypto space including the Bitcoin maximalists should do better, or are we forgetting so soon "WE ARE ALL SATOSHI".
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ALL crypto is a fraud, they are simply the fiat system compressed on a smaller time frame and only a way for those issuing the token to benefit from seigniorage and short time to liquidity due to regulatory arbitrage and information asymmetry.
Bitcoin maxis' don't need to bash crypto it bashes itself and will eat itself regardless, what maxis are doing are limiting the contagion spread and these scams' access to liquidity which would be far worse without an intolerant minority spreading the truth
Regardless of what the opinion of a maxi is, crypto will be regulated because it can be, bitcoin cannot be regulated only citizens behavior can, that's a big difference. Your arguments here are so surface-level and rudimentary and I would encourage you to learn more before taking a position you clearly have not formed yourself but rather have regurgitated others.
Allow me to illustrate, can you name one shitcoin you can verify yourself without third-party involvement? Don't worry ill wait
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Lol and I can do it on Twitter, Facebook, Linkedin without needing to buy a shitcoin