{"id":175705,"date":"2023-05-19T13:31:59","date_gmt":"2023-05-19T13:31:59","guid":{"rendered":"https:\/\/precoinnews.com\/?p=175705"},"modified":"2023-05-19T13:31:59","modified_gmt":"2023-05-19T13:31:59","slug":"bitcoin-maximalism-cool-in-2023-joe-hall-shares-his-thoughts","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/bitcoin-maximalism-cool-in-2023-joe-hall-shares-his-thoughts\/","title":{"rendered":"Bitcoin maximalism cool in 2023? Joe Hall shares his thoughts"},"content":{"rendered":"

In this episode of Hashing It<\/em> Out, <\/em>recorded\u00a0on the eve of Bitcoin 2023 in Miami, Cointelegraph\u2019s Elisha Owusu Akyaw spoke to Cointelegraph journalist Joe Hall about what it means to be a Bitcoin (BTC) supporter and the current state of the Bitcoin network. The discussion ranged from Bitcoin maximalism and living on the Bitcoin standard, to Bitcoin Ordinals, BRC-20 tokens and the BTC price. <\/p>\n

Hall\u2019s first interaction with Bitcoin was through buying things on the internet. His initial impression of the first cryptocurrency was that it was difficult to use at the time, but that changed in the years that followed.\u00a0Hall explains that some personal events led him to find the time to conduct extensive research on Bitcoin during the COVID-19 pandemic. This research changed his mind and made him realize how revolutionary Bitcoin is to global finance.<\/p>\n

Over the years, the Bitcoin community has evolved to include multiple philosophies intending to define Bitcoin\u2019s place in the broader cryptocurrency market, and to express how some community members perceive Bitcoin. Hall highlights this <\/em>by referring to the increase in multiple labels, with people referring to themselves as Bitcoin purists, minimalists, moderates and maximalists. Hall argues that labels can create a toxic environment, but there is also a good reason why they exist and are regularly used.<\/p>\n

Hall explains that he identifies a Bitcoin maximalist as someone trying to get the most out of Bitcoin and maximize its impacts while only holding and using Bitcoin, and no other cryptocurrencies. The Cointelegraph journalist also explains that due to his line of work, he uses other crypto-related platforms solely for experimental reasons. <\/p>\n

Hall also shares his experience living on the Bitcoin standard over the last few years. Hall says it is easier to live on Bitcoin than the British pound because more people accept BTC in different places than the pound. However, he also highlights issues, including payment of taxes and price volatility, which he argues can be a good thing sometimes. <\/p>\n

Related:\u00a0<\/strong>Account abstraction could bring the next billion users to Ethereum \u2014 Ambire CEO<\/strong><\/em><\/p>\n

Check out the latest episode of Hashing It Out<\/em> featuring Joe Hall on Apple Podcasts, Spotify, Google Podcasts,\u00a0or TuneIn. For more informative podcasts, visit the Cointelegraph Podcasts page.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In this episode of Hashing It Out,<\/p>\n","protected":false},"author":3,"featured_media":175704,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nBitcoin maximalism cool in 2023? Joe Hall shares his thoughts - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/bitcoin-maximalism-cool-in-2023-joe-hall-shares-his-thoughts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin maximalism cool in 2023? 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