Bitcoin Maximalism is a controversial concept that lurks around the crypto-verse and comes to the spotlight behind metrics like the Bitcoin Dominance Index (BTCD), institutional involvement, and various similar comparative narratives. It is undeniable that this concept comes without its own merit as the perception of the rest of the cryptocurrency markets behaving like a casino comes with adequate historical proof of rugpulls, scams, hacks, and the list goes on. It is the notion that only one crypto asset and network is worthy of investment, Bitcoin (BTC), the others are merely unreliable assets that have capitalized on the hype behind BTC and can only serve as instruments for baseless speculation. However, with the rising adoption across blockchain networks and emerging cryptocurrency tokens being used as investment vehicles, it is becoming increasingly evident that there is ample room for various blockchain networks and crypto assets to coexist in the same ecosystem leading to healthy growth across the industry globally. At the same time, it is also true that many protocols, firms, and assets gaining traction right now due to the high mainstream media attention, hype, and fear of missing out (FOMO) that often encapsulates the industry due to posting significant gains and birthing several self-made millionaires and billionaires in just over a decade of existence, will not end up making it in the long term, either due to lack ...
