I think Bitcoin maximalism is more of an ideology that seeks to bastion the foundations of the very first DLT. In the period of past few weeks I have reconciled the idea of having both Bitcoin maximalists with diversified crypto investors in the market.

I think we need to understand the fact that bitcoin is more than just a cryptocurrency transacted and recorded over a ledger. It is a symbol and more importantly market leader. I think it is the indication of a healthy market space, where we can see the leader (a decentralized one) having faithful followers.

It will also be prudent to remember that Bitcoin has already done what most other coins would take another decade to be at. I am not talking about just market cap. In the past when financial leaders have fallen, they never fell alone and took more than a few other financial nodes down with them. It is in fact necessary in someways for Bitcoin to have faithful following.

Frankly it is a bit weird to say that water is wet and then show self righteous indignation. More speculative money went into cryptocurrency during last few years than was expected. Speculative investment is by its very nature and definition about riding a free ride.

PS: DLive videos are bit slow to load for me. Took me about half an hour to load the video before I could watch it completely.