A Bitcoin maximalist is someone who believes that Bitcoin is the only cryptocurrency that truly matters. They argue that Bitcoin has the best chance of becoming a dominant form of money or a store of value compared to other cryptocurrencies.

These individuals often see Bitcoin as a revolutionary technology that offers a decentralized alternative to traditional finance. They believe its security, scarcity, and network effect make it superior to other digital currencies. Maximalists may criticize alternative coins, often called altcoins, for lacking the same level of security or utility.

Bitcoin maximalists typically advocate for using only Bitcoin, viewing other cryptocurrencies as distractions or even threats to Bitcoin’s success. Their passion for Bitcoin often leads to fervent discussions about its potential impact on the financial system, investing, and individual sovereignty. In essence, Bitcoin maximalists are staunch supporters of Bitcoin, seeing it as the primary, if not the sole, solution to the shortcomings of current monetary systems.