Ethics of Bitcoin Maximalism with Pete Rizzo - WBD419

Location: New York
Date: Wednesday 27th October
Company: Kraken & Bitcoin Magazine
Role: Editor


The role of Bitcoin maximalism is a hugely divisive topic. As a
decentralised network, Bitcoin has no leaders or spokespeople to
counter false information or fend off an attack.


In the absence of leaders, bitcoiners from all over have become
an important immune system for the network. They protect the
protocol from bad actors, false narratives and prevent anyone
from gaining too much influence over the network.


This has proved highly effective and has been key throughout the
history of Bitcoin. Most notably during the scaling wars that
culminated in 2017.


However, for all the good toxic maximalism has done, it can, at
times, go too far. But in a world headed to hyperbitcoinisation,
is Bitcoin maximalism an important ethical stand to take?


In this interview, I talk to Pete Rizzo, the Editor at Kraken
& Bitcoin Magazine. We discuss the ethics of bitcoin
maximalism, its role in protecting bitcoin, and the path to
hyperbitcoinisation.