Jameson Lopp, Co-founder and CTO of Casa, considers himself a bitcoin maximalist and someone who is curious about altcoins, so in a post on August 30th, warned the public not to take online cryptocurrency interactions so literally.
Although Lopp sees no other options on the market that can compete with the strong and secure money supply of Bitcoin, He also believes that other cryptocurrencies can bring value that Bitcoin cannot. like asset digitization and non-financial functionality.
In fact, Lopp advised a blockchain project that was developed on Ethereum. He sees the potential of the project, which will provide institutional and retail investors with opportunities for security tokens and cryptocurrency. However, he also warns that there is no guarantee that the company will be profitable. He highlighted that:
“While INX token holders are guaranteed to receive a portion of the accumulated positive net cash flow (also known as ‘profit’), there is of course no guarantee that INX Limited will become profitable. Social media staff tend to do so To create controversy to gain influence. Anyone considering investing should do their own research! “
The same goes for Lopps other comments on blockchain or cryptocurrency projects other than Bitcoin. He said anything he posted on social media was not an investment recommendation. Lopp and other Bitcoin maximalists have been accused of supporting INX. INX is approved by the United States Securities and Exchange Commission (SEC).
Lopp noted that he believes Bitcoin is the best monetary asset in the world; However, you are still open to using other cryptocurrency platforms if necessary or desired. He suggested giving people who believe in “Pragmatic Bitcoin” a new “label”. in the hope that if you take things too literally, the public will be less critical.
“It doesn’t matter what bitcoiner you are. You can be a maximalist, a pragmatist, a maximalist, a shitcoiner or a multi-coiner. I am no stranger to criticism, attacks and even threats on social media. I’m not interested in self-censorship just to run purity tests on certain subsets of my followers. I suggest taking the interactions you see online with a grain of salt. “