Litecoin Founder Stokes Debate Over ‘Bitcoin Extremists’ Tweet

Litecoin (LTC) owner Charlie Lee has dismissed village discuss with a tweet alleging that “some self-proclaimed Bitcoin Maximalists are indeed Bitcoin Extremists.” Lee’s Jan. 6 post argued that:

“Some self-proclaimed Bitcoin Maximalists are indeed Bitcoin Extremists. They think all other coins are scams and will go to zero. Maximalists think Bitcoin is and will sojourn the widespread cryptocurrency but there is room for altcoins to exist and even do well.”

Lee also non-stop a Twitter survey, which has drawn over 24,300 votes as of press time and is due to end in 6 hours, mouth-watering users to code as possibly a “Bitcoin Extremist,” “Bitcoin Maximalist,” “Altcoin Maximalist,” or “Nocoiner.” At press time, 9 percent have identified as Bitcoin “extremists,” 48 percent as Bitcoin “maximalists,” 32 percent as altcoin “maximalists,” and 11 percent as “nocoiners.”

Lee’s remarks annoyed a array of clever responses — both dissenting and certain —  including one from crypto attention figure Jameson Lopp, who quipped, “Bitcoin Supremacists, please. Extremists has a disastrous connotation,” adding “I code as a Segregated Witness.”

Mindful of Lee’s provocation, Ragnar Lifthrasir, owner of the International Blockchain Real Estate Association (IBREA), told Lee he was on “the trail to wrong-think,” and that using the lingo of extremism was little more than a allegation of anyone whose “opinion differs from Charlie’s.”

Lee’s comments also annoyed debates over either Bitcoin “maximalism,” is little more than a marketing tenure allegedly coined by altcoin founders, as well as over Bitcoin’s prevalent code dominance. Some commentators responded —  without proclaiming any allegiances — that eventually it will be the free market and discernible use cases that will apart the successful projects in a zone of proliferating cryptocurrencies.

As of press time, the share of Bitcoin’s marketplace capitalization in the altogether crypto marketplace top is at 51.8 percent, according to CoinMarketCap data.

On the fork of the new year, tokenization custom Stellar’s co-founder and CTO Jed McCaleb — who is also one of the founders of now-defunct Japanese Bitcoin exchange Mt. Gox, as well as a co-founder of Ripple (XRP) — provocatively claimed that “ninety percent of [crypto] projects are B.S,” adding he was “looking brazen to that changing” in 2019.

McCaleb released Bitcoin, Ethereum (ETH), Stellar Lumens (XLM) —  and presumably XRP — from his criticisms.

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