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FTX CEO Attempts To Bridge Divide Between Bitcoin Maximalists And The Rest Of The Crypto Community
Summary: FTX CEO Sam Bankman Fried (SBF) attempted to bridge the divide between Bitcoin maximalists and the rest of the crypto community in a lengthy Twitter thread on Tuesday, September 22. SBF said the discussion was brought on by recent controversy caused by Microstrategy CEO Michael Saylor coming out as a Bitcoin maximalist. In his thread, ...
FTX CEO Sam Bankman Fried (SBF) attempted to bridge the divide between Bitcoin maximalists and the rest of the crypto community in a lengthy Twitter thread on Tuesday, September 22.
SBF said the discussion was brought on by recent controversy caused by Microstrategy CEO Michael Saylor coming out as a Bitcoin maximalist. In his thread, SBF scripted a conversation between a hypothetical Bitcoin maximalist and a non-maximalist where both participants communicated without becoming defensive.
The Bitcoin maxi argued that the case for BTC is that the asset is purely money. While other chains and tokens like ETH have more use cases, they are not money and this is important because if Bitcoin's dominance were to be repeatedly toppled than crypto wealth would be dismissed as fleeting.
SBF closed off the thread highlighting that this is not his personal opinion and that he might attribute BTC's dominance more to first-mover advantage.
By Emily Mason
Tags: Bitcoin,Bitcoin Maximalist,BTC
Link: FTX CEO Attempts To Bridge Divide Between Bitcoin Maximalists And The Rest Of The Crypto Community [Copy]
