There was a time when Bitcoin (BTC) was the only crypto project that wasn’t a scam, and calling only BTC made perfect sense. However, according to a Bitcoin Core contributor, that didn’t hold true for a while, as he urged the community to abandon the “us against them” culture.
In a Twitter thread, Bitcoin Core contributor Matt Coralo pointed out to the community that for now, instead of BTC proponents championing why Bitcoin is unique and special, they are spending the time attacking other projects.
According to Coralo, this situation leads to what he describes as a narrative war, where crypto projects stumble upon each other. Coralo further clarified that Bitcoin is coming after Ethereum (ETH) for the upcoming merger, saying that Proof of Stake (PoS) will not work, in turn pushing ETH proponents to lobby with regulators against Bitcoin with the same environmental angle.
Finally, the developer urged Bitcoiners to focus on talking about Bitcoin and its positive aspects and to abandon the culture of attacking other projects that are not BTC.
Despite calling for more respect and courtesy for other projects, some bitcoins remain unfazed. In response to the topic, Twitter user BitcoinCEOh said that “anything other than Bitcoin is a scam.” They said that some projects seem legitimate but in the end they are scams in the end.
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In July, Bitcoin supporter Michael Saylor said in an interview that all point-of-sale networks are securities and are very risky. He argued that Ethereum is a security because of its inherent features such as its issuance through an initial coin offering. He noted that it is up to the regulators to decide whether these projects should continue or not.
Meanwhile, Ethereum founder Vitalik Buterin has been actively defending Ethereum from critics. Buterin called arguments against voting on ETH and described one of them as an “open lie,” saying that ETH does not vote on the protocol’s standards.