Some of the prominent bitcoin maximalists are Michael Saylor, Max Keiser, and Jack Dorsey.

A lot of us are aware of the ideology Bitcoin maximalism. To put it short, a bitcoin maximalist believes that bitcoin is the one and only crypto needed...

If you are a bitcoin maximalist, would you want a world without altcoins?

If we look at Altcoin, they do not give us the profit and growth and good exchange that we get in the world of Bitcoin and you are also saying the same because this is the one coin that has done the most advance work compared to other coins. Due to which it is considered the best and most successful coin. Whoever has money to invest in Bitcoin will also collect money for the exchange without saying anything because he will have done good and best work in Bitcoin. It is really expensive but it is easy for those who have it because they have acquired it for a long time and so far they are in profit.

A lot of us are aware of the ideology Bitcoin maximalism. To put it short, a bitcoin maximalist believes that bitcoin is the one and only crypto needed. A bitcoin maximalist believes that bitcoin will be the only crypto to give you significant profit and the one that is the most useful in the real world.

Some of the prominent bitcoin maximalists are Michael Saylor, Max Keiser, and Jack Dorsey.

As the original crypto, bitcoin’s blockchain is the longest (it stores the most blocks of transactions), making it harder and more expensive to hack. Bitcoin's originality also plays a huge benefit since it is now the most trusted crypto in the industry. A lot of people associate crypto with just bitcoin. Bitcoin has built a brand of its own. Most importantly, it grew without any real authority hovering over it. The growth of bitcoin laid on the people believing in it. Now, bitcoin is being adapted all over the world not just by your average citizens but governments at large.

Bitcoin might be the best cryptocurrency but should we play into the bitcoin maximalist idea? A lot of people argue that this is harmful as this closes off innovation. Altcoins may not share bitcoin’s track record, but they’re responsible for the majority of the innovation in the crypto space over the last nine years. Altcoins are responsible for experimenting new tech, new networks and etc. Some of which could be even applied to bitcoin, yes?

---

Personally, I believe that most of your portfolio should contain bitcoin but choosing a few good altcoins can't be all too bad. There could still profit in altcoins but we may just have to tread lightly. Would you consider yourself a bitcoin maximalist? Do you believe this idea to be the correct one? Is there even a correct ideology or should we just accept that we all have different strategies, preferences and goals while coexisting in the crypto industry?

If you are a bitcoin maximalist, would you want a world without altcoins?

Yes, Bitcoin is the best Cryptocurrency ever, some of the names you mentioned above have gained huge profits from Bitcoin investment and will continue to accumulate most of the Bitcoins till now. In general, Bitcoin maximalism has both good and bad arguments depending on where each individual's beliefs position themselves. When measured in a broader perspective, Bitcoin has the largest and most decentralized network, making it safer than other cryptocurrencies, which is why some people who have achieved financial freedom trust Bitcoin more as a hedge asset in the future.

Bitcoin is the only cryptocurrency worth having based on its community having a strong and active base that can promote adoption and sustainable development. If you can see other profitable assets in assets other than Bitcoin, then it can be an alternative to increase wealth value.

Is any kind of maximalism good? I think maximalism is an extreme. It represents closed-mindedness and limited view. If you are a maximalist you are probably not appreciating alternatives.

In crypto, maximalism might hinder growth and development. People who seem to stick to one thing whatever happens might perceive progress as a deviation from the original. They might consider this progress as a kind of betrayal or disrespect to what came first. How can we move forward with this kind of religious obsession? We are like fanatics with this attitude.

Now is the time when we see that altcoins are as weak as possible. Everyone was waiting for the altcoin season, but in reality it turned out that nothing happened and there were many more Bitcoin maximalists, because everyone saw that Bitcoin is the true Digital gold, needed by everyone and stable from hacks, and all other coins are just an accompanying phenomenon.
It is certain that due to the speculative nature of the market, altcoins will be pumped up more than once in the future, but only Bitcoin will have the ability to constantly grow in price.