Is Bitcoin maximalism holding back blockchain's potential? [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
They delved into bitcoin's influence on finance, its maximalist mindset, and the broader cryptocurrency ecosystem. Nelson shared his perspectives on the challenges of bitcoin maximalism, while Saddington explored its evolution and the opportunities within alternative tokenization. Rob Nelson likened bitcoin maximalism to "Diehard orthodox religion," questioning its rigidity and its limits on innovation. "Bitcoin's a technology as much as it's anything else," Nelson said. "It is an asset, a store of value, a currency, but you can't limit that technology to this narrow little thing." Peter Saddington offered a historical lens on bitcoin's development, describing its foundational role as a protocol akin to the internet. "Bitcoin as a protocol is just what the future of money should run on," he explained. Saddington recounted his own journey from being a bitcoin maximalist to exploring alternative tokens, ultimately finding value in a more open approach. "There's a lot of money to
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