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Hi Everyone, Good day from Miami. As I attend the conference downtown, it's important to point out a growing rift within the crypto community. As many of you know, I like to keep an open mind about new technology and economic models, and yesterday, I was attacked for doing just that. Rather then link to the Twitter thread and give more exposure to a toxic problem, let's just say that my big mistake in this case was calling Bitcoin 2021 a "crypto conference." Apparently, among circles of people known as bitcoin maximalists, this is a cardinal sin. After all, it's a Bitcoin conference, and it has nothing to do with crypto at all, to which my natural response was that bitcoin is in fact a cryptocurrency. They didn't like that one bit. All kinds of name calling and even a few threats ensued. As you may know, I'm advising several projects. These are all very valid endeavors building toward a common goal of financial freedom, tokenization, and the democratization of finance. None of them detract from bitcoin itself, nor are they in any sort of competition with the vision laid out by Satoshi Nakamoto. Now, obviously everyone is entitled to their own opinion, and they can call me whatever names they like, but the one thing I want to say about all this is that these so-called maxis don't own the Bitcoin network. I am a bitcoiner too, and there is nothing anyone can do about it. My strong recommendation for any of our readers who may identify with this new form of zealotry is that we focus our energy toward a common enemy and not spend our time and efforts on infighting. It doesn't help. In the famous words of Rodney King, "can't we all get along?" Have an awesome day!! | |
Mati Greenspan Analysis, Advisory, Money Management | | |
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