Flippening – Lifeboat News: The Blog https://lifeboat.com/blog Safeguarding Humanity Mon, 13 Mar 2017 20:31:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Perspective of a former “Bitcoin Maximalist” https://lifeboat.com/blog/2017/03/perspective-of-a-former-bitcoin-maximalist Mon, 13 Mar 2017 20:31:54 +0000 http://lifeboat.com/blog/?p=35308 This pundit is very cogent, as he criticizes early Bitcoin adopters and evangelists. He believes that they are too wrapped up in the original blockchain implementation, and that what goes up must come down—or, at least, that the earliest implementation of a new technology cannot adapt and become the durable leader in the field that it launched.

It’s the 15-minutes-of fame argument. But, I disagree! There are plenty of reasons to support, repair and expand Bitcoin—rather than fragment goodwill and abandon and a viable, two-sided network into 3,000 altcoins and blockchain startups.

Still, the author is very very bright and defends his position.

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