Hear To This Episode:
On this episode of the “Bitcoin Journal Podcast,” host Christian Keroles sat down with the notorious Bitcoin Twitter character and troll Udi Wertheimer to debate why the hardcore Bitcoin devoted shouldn’t be so frightened about various cryptocurrencies, or “altcoins.”
Usually talking, Bitcoiners are very adversarial in direction of altcoins and people who assist them. It’s not unprecedented to see Bitcoiners loudly decrying all altcoins as scams and altcoin buyers as silly.
Neither Wertheimer nor Keroles consider that altcoins pose an actual problem to Bitcoin, nor that they will even be useful for brand spanking new people who find themselves not fairly primed to know Bitcoin initially. Bitcoin is kind of unintuitive to folks 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 far more crucial again in 2015 to 2017, through the Bitcoin fork wars. He now believes that Bitcoiners may be far 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 menace to Bitcoin itself and, if something, it amplifies Bitcoin’s personal model, attain and whole addressable market.
Please hear, share and inform Bitcoin Journal what you consider this conversations with Udi Wertheimer.