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Michael Saylor: The Bitcoin community is now dividing into four major groups, and any extreme taken by one group will be harmful.

BlockBeats News, June 5th, Strategy founder Michael Saylor posted an article dividing the Bitcoin community into four major ideological camps: Maximalists believe that Bitcoin is the only winning monetary network; Capitalists advocate for Bitcoin's integration into the global economy, deep integration with banks, capital markets, and credit tools; Technologists believe that the protocol should continue to improve to address scalability, privacy, and security challenges; Fundamentalists are committed to defending Bitcoin's core principles of decentralization, immutability, and self-custody.


Saylor also pointed out the risks of each ideology. Maximalists may become arrogant and unable to answer how Bitcoin will integrate into the real economy; Capitalists may lead to over-leveraging and financialization, repeating the systemic fragility that Bitcoin was supposed to solve; if Technologists underestimate the value of stability, protocol changes themselves may harm Bitcoin; Fundamentalists, if they reject all institutional integration and technological improvement, may limit Bitcoin's reach while guarding purity.


Saylor believes that the underlying protocol should be viewed as sacred infrastructure, any changes must be extremely cautious and achieve overwhelming consensus; most innovation should occur at higher layers; individuals should always retain the right to self-custody and run nodes. Bitcoin's strength lies in its ability to serve different groups without belonging to any one party. It can be a person's currency, a corporation's capital, a bank's collateral, a nation's reserve, and a hope for those facing economic challenges.

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