{"id":519994,"date":"2022-12-02T19:35:47","date_gmt":"2022-12-02T16:35:47","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/is-bitcoin-the-only-crypto-that-will-survive-ftx-interview-with-bitcoin-maximalist\/"},"modified":"2022-12-02T19:35:47","modified_gmt":"2022-12-02T16:35:47","slug":"is-bitcoin-the-only-crypto-that-will-survive-ftx-interview-with-bitcoin-maximalist","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/is-bitcoin-the-only-crypto-that-will-survive-ftx-interview-with-bitcoin-maximalist\/","title":{"rendered":"# Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2d4b487a344\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2d4b487a344\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/is-bitcoin-the-only-crypto-that-will-survive-ftx-interview-with-bitcoin-maximalist\/#%E2%80%9D_Is_Bitcoin_the_only_crypto_that_will_survive_FTX_Interview_with_Bitcoin_maximalist_%E2%80%9C\" >&#8221; Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Is_Bitcoin_the_only_crypto_that_will_survive_FTX_Interview_with_Bitcoin_maximalist_%E2%80%9C\"><\/span>&#8221; Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvM2FkMmVjOTMtYzc5ZC00NTQzLWFiZDEtMTg3NjBkOThkOGRmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-471f9776>The downfall of FTX and a number of other CeFi platforms in 2022 has reinforced a Bitcoin maximalist narrative, according to which most of the crypto ecosystem will eventually collapse due to its centralization.\u00a0<\/p>\n<p>\u00a0Jeff Booth, Bitcoin proponent and author of &#8220;The Price of Tomorrow&#8221;, believes centralized crypto platforms such as FTX and Celsius have ended up replicating the traditional financial system with all its inherent flaws. <\/p>\n<p>&#8220;All of crypto is trying to rebuild a financial system that we already have based on manipulation and centralization,&#8221; said Booth, in an exclusive interview with Cointelegraph. <\/p>\n<p>Even Defi platforms, which seek to provide a peer-to-peer, trustless alternative to traditional financial services, are bound to fail, according to Booth, since they are being built on protocols that have sacrificed decentralization and security in order to boost scalability. <\/p>\n<p>To Booth, Bitcoin\u00a0 is the only crypto that remains decentralized and secure enough for being the base layer of the future financial system.\u00a0<\/p>\n<p>&#8220;The entire crypto ecosystem is going to go to zero besides Bitcoin&#8221;, Booth said.\u00a0<\/p>\n<p>To find out more about why Bitcoin may outlive the rest of the crypto ecosystem, check out the<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/youtu.be\/e1whviOnlJA\"> full interview<\/a> on our <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">YouTube<\/a> channel, and don\u2019t forget to subscribe! <\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/is-bitcoin-the-only-crypto-that-will-survive-ftx-interview-with-bitcoin-maximalist\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist &#8220; The downfall of FTX and a number of other CeFi platforms in 2022 has reinforced a Bitcoin maximalist narrative, according to which most of the crypto ecosystem will eventually collapse due to its centralization.\u00a0 \u00a0Jeff Booth, Bitcoin proponent and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":519995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvM2FkMmVjOTMtYzc5ZC00NTQzLWFiZDEtMTg3NjBkOThkOGRmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,78828,129187,136596,74863,74868,74891,75238,88323,89897,70610],"class_list":["post-519994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-bitcoin-halving","tag-cefi","tag-celsius","tag-cryptocurrencies","tag-defi","tag-ethereum","tag-financial-services","tag-financial-systems","tag-sam-bankman-fried","tag-finance"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/519994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=519994"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/519994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/519995"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=519994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=519994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=519994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}