Notorious Bitcoin Twitter persona Udi Wertheimer mentioned why Bitcoiners shouldn’t be frightened about altcoins.
Pay attention To This Episode:
On this episode of the “Bitcoin Journal Podcast,” host Christian Keroles sat down with the notorious Bitcoin Twitter persona and troll Udi Wertheimer to debate why the hardcore Bitcoin devoted shouldn’t be so frightened about different cryptocurrencies, or “altcoins.”
Typically talking, Bitcoiners are very adversarial in direction of altcoins and those that help them. It isn’t extraordinary to see Bitcoiners loudly decrying all altcoins as scams and altcoin buyers as silly.
Neither Wertheimer nor Keroles imagine that altcoins pose an actual problem to Bitcoin, nor that they’ll even be useful for brand spanking new people who find themselves not fairly primed to know Bitcoin initially. Bitcoin is sort of unintuitive to individuals nonetheless working with a fiat mindset. Wertheimer additionally challenged Bitcoiners by claiming that they lose credibility after they proceed to fake that some altcoins like doge and ether haven’t outperformed bitcoin considerably in 2021.
Wertheimer thinks that toxicity was rather more obligatory again in 2015 to 2017, throughout the Bitcoin fork wars. He now believes that Bitcoiners may be rather more empathetic and profitable at changing new Bitcoiners and precoiners to Bitcoin with a much less poisonous technique. The present model of altcoins pose no risk to Bitcoin itself and, if something, it amplifies Bitcoin’s personal model, attain and complete addressable market.
Please pay attention, share and inform Bitcoin Journal what you consider this conversations with Udi Wertheimer.
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