Hello, everyone it's @Joetunex and @Josediccus here again, in this video we talked about maximalism in both fiat and crypto. We analyzed the concept of maximalism and why people choose to bank on a sole entity, rather than believe in the idea of diversification.
We first analyzed Fiat maximalism and made reference to people like Warren Buffett and why it seems to be difficult for them to come to terms with the idea that money is evolutionary as it has always been with time.
We came to an agreement that money is meant to change, get better, and be rid of its flaws by constantly changing. We believe that crypto is a betterment of fiat currency, while it's not to replace it, we believe it is only there to make it better. We also analyzed Bitcoin maximalism.
We feel that people who are only pumped up on only BTC do not really understand the intent of Crypto as Satoshi wanted it. We talked about how BTC creates a store of value and lags in other aspects of functionalities. We feel that diversity and liquidity is a property that crypto must possess, hence, the need for alternative coins and projects.
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