Bitcoin Is Clear, Fiat Obscures – Bitcoin Magazine

This is an opinion editorial by Tim Niemeyer, co-host of the Lincolnland Bitcoin Meetup.

Using the “choose your fighter” paradigm popularized by video games, we can compare Bitcoin and fiat and determine a winner.


Bitcoin maximalists have had a whirlwind of a year. From getting browbeat through the recent price drawdown to being seemingly prophetic bell-ringers of the dumpster fire that is “crypto,” much of what has been written in the mainstream remains net negative. What’s concerning is that their centralized, authoritarian counterparts (referred to here as fiat maximalists) somehow maintain an air of superiority in the mainstream. Oddly, both Bitcoin maxis and fiat maxis have some similarities in their structure. But how they each attempt to achieve their goal is where they differ dramatically.

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