There was once a time when Bitcoin (BTC) was the only crypto project that was not a scam, and encouraging only BTC made perfect sense. Though, this has not been factual for a while, said a Bitcoin Core contributor, Matt Corallo, he also advised the community to drop the us-versus-them culture.
Matt Corallo, who contributed to the Bitcoin Core, in a Twitter thread, stated that the community at the moment, instead of BTC advocates advocating why Bitcoin is unique and remarkable, they are more concentrated on spending time attacking other projects.
Corallo claimed that this situation is leading to what he described as a narrative war, where crypto projects bash each other. Corallo further explained that Bitcoiners coming after Ethereum (ETH) for the forthcoming Merge, assuming that proof-of-stake (PoS) will not work, will, in turn, push ETH proponents to conspire with regulators against Bitcoin with the same environmental angle.
Finally, he urged Bitcoiners to focus on talking about Bitcoin and its positive aspects despite attacking other projects that are not BTC.
In spite of the call for more respect and courtesy for other projects, some Bitcoiners still remain unfazed. In response to the Twitter thread, BitcoinCEO said that “anything other than Bitcoin is a scam.” They also said that though some projects look lawful but are ultimately scams in the end.
In July, Bitcoin advocate Michael Saylor called all PoS networks to be securities and very risky. He demanded that Ethereum is a security because of its essential features such as being issued through an initial coin offering. He distinguished that it’s up to regulators to decide if these projects should continue or not.
In the meantime, Ethereum founder Vitalik Buterin has been defending Ethereum from critics. Buterin called out influences against ETH voting and described one as an “unmitigated bare-faced lie,” saying that ETH doesn’t conduct voting on protocol parameters.
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