Practical Bitcoin Maximalist with Juan Galt - Episode 198




The Paradise Paradox show

Summary: Juan Galt is a cryptocurrency journalist and consultant, who guides Bitcoin newbies to correct security practices. He's given a few presentations at Anarchapulco, and he formerly covered crypto for The Dollar Vigilante's newsletter. Juan lived in Colombia, then Canada, then Acapulco, and now he's travelling the world. I managed to get a hold of him over Skype, finding him in beautiful Prague. A few weeks ago, Juan tweeted: "Bitcoin Maximalism is a reactive, defensive, pragmatic mindset to handle the hoards of shitcoins and token scams that will continue to form on the horizon, faces painted, ready to dive into us like Agent smith." "Bitcoin maximalism" normally means when a crypto enthusiast supports Bitcoin to the exclusion of all other coins. When I got Juan for an interview, I realised his position is more nuanced. He makes the case that, with so many questionable or outright fraudulent projects in the crypto space, supporting Bitcoin raises the standard. By giving less attention to awful projects, he expects that we'll find a higher quality of coin in the future. Upvote and follow on Steemit: https://steemit.com/@paradise-paradox Check out Cryptonomics: https://steemit.com/@cryptonomics1 And the website: https://cryptonomics.space