The Role of Bitcoin Maximalism Part 2 with Pete Rizzo - WBD532

Pete Rizzo is the editor of Bitcoin Magazine, and one of
Bitcoin’s leading journalists. In this interview, we discuss
Bitcoin maximalism in terms of how it should be defined and
rationalised, the moral lens of maximalists, and maximalism’s
advantages and limitations.


- - - -


Following our interview with Udi to discuss Bitcoin Maximalism,
we now host another interview on the topic with Pete Rizzo. The
two shows together designed to look at maximalism from
alternative perspectives with this interview attempting to
understand if a definition of maximalism possible or is it
necessarily opaque and fluid.


Bitcoin maximalism has long been discussed and has gone through
numerous evolutions. WBD first did a podcast on maximalism 4
years ago. Since then, there has been a new wave of adoption, and
with that a new wave of maximalists.


Pete Rizzo outlines his definition of maximalism for the current
cycle: all efforts should be focused on supporting and improving
Bitcoin; investments in other cryptocurrencies should be
discouraged and ignored. And the market’s best method of policing
this is the imposition of moral penalties on those working
against maximalism.


However, is there a contradiction within maximalism? In seeking
to vehemently defend the integrity of Bitcoin, could it harm
specific projects outside of Bitcoin that aim to provide unique
and objectively useful utility? Or, is Bitcoin’s mission so
valuable that it can not afford to be nuanced, and therefore
collateral damage is unavoidable?