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Toxic Bitcoin Maximalism Is Bullshit, Says CEO Erik Voorhees

Toxic Bitcoin Maximalism Is Bullshit, Says CEO Erik Voorhees
  • Erick Voorhees criticized comments praising toxic Bitcoin maximalism.
  • Voorhees is not shy expressing his opinion about Bitcoin maximalism.
  • Erick took the stage to moderate a panel on the evolution of cryptocurrency exchanges.

During an arbitration at the Bitcoin 2021 conference in Miami, Voorhees analyzed an earlier panelist’s comment praising toxic Bitcoin maximalism. Such speculation was, erm, wrong to put it in more civilized terms.

Moreover, Erick Voorhees is the CEO of ShapeShift. However, he is not shy about expressing his opinion about politics, finance, or Bitcoin maximalism. It doesn’t matter how popular or unpopular they might be.

Simultaneously, Voorhees took the stage to moderate a panel on the evolution of cryptocurrency exchanges. A debate called “Toxic Maximalism: A Feature, Not a Bug took place.”

Besides, Nico ZM, Aleksandra Svetski, Dr. Bitcoin, BTC Lerk, and Nik Hoffman argued on the said debate. Of course, they argued that there could be no other crypto that outperforms Bitcoin and that altcoins are a distraction hindering Bitcoin’s progress and global adoption.

In line with the discussion, Voorhees’s first statements before entering the stage were short and provocative.

Before we begin, Did I hear someone on that prior panel say ‘If you’re against Toxic maximalism, you’re against Bitcoin, and you’re against freedom?’…. Yeah, that’s some bullshit.

Back in 2019, Voorhees had previously taken critical stances against maximalism. He pointed out the irony of being a Bitcoin maximalism: On one side, according to his views.

Moreover, He promotes a decentralized world. On the other hand, he promotes a world that centralizes payments around one single blockchain.

Furthermore, Voorhees has described himself as a reformed Bitcoin maximalist. At the same time, he warned other communities about the dangers of replicating this behavior when a project starts to face some competition.

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A Computer Engineering graduate who writes news focuses on cryptocurrency-related and blockchain technology. He is enjoying using his skills to contribute to informing people of the exciting technological advances that happen every day.