The Role of Bitcoin Maximalism with Udi Wertheimer - WBD529

Udi Wertheimer is an independent developer and consultant, and an
active member of Bitcoin’s Twitterverse. In this interview, we
discuss the evolved status and definition of Bitcoin maximalism,
what success for Bitcoin means, and how Bitcoiners should
interact with crypto investors.


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Nearly 2 years ago I interviewed Udi to discuss Bitcoin, Ethereum
and maximalism. He’s an important voice as, whilst being a
Bitcoin advocate, Udi also provides valid critical analysis. As
the merits and risks of Bitcoin maximalism are again at the
forefront, it is valuable to hear his current views. The
fundamental issue is whether maximalism is a net positive or
negative for #Bitcoin.


The difficulties start with defining maximalism, and what unique
utilities of Bitcoin maximalists are to coalesce behind. Is it a
movement to protect the technical development of Bitcoin i.e.
protecting monetary policy, protecting the protocol?


Or is maximalism a cultural phenomenon predicated on developing a
moral framework that seeks to provide refuge from more brutal
capitalist behaviours? Does maximalism need to be unrelenting in
its dismissal of other developments within crypto for the
purposes of protecting green retail investors from scams? When,
if ever, does defence need to become attack?


Maximalism has served as a moral check on the development of
Bitcoin. Adherents are right to treat manifestations of the
status quo with suspicion. However, there is a delicate line to
be taken. History is littered with examples of principled
movements being radicalized into counter productive factions.