BITCOIN MAXIMALISTS ACCUSED OF SHILLING AN SEC-CLEARED TOKEN

Last updated: June 19, 2025, 22:27 | Written by: Brian Armstrong

Bitcoin Maximalists Accused Of Shilling An Sec-Cleared Token
Bitcoin Maximalists Accused Of Shilling An Sec-Cleared Token

The crypto world is buzzing with controversy as prominent Bitcoin maximalists are facing accusations of promoting INX, an SEC-cleared token.This situation has sparked heated debates within the community, raising questions about the principles and integrity of those who have long championed Bitcoin as the one true cryptocurrency.The accusations center around the fact that these individuals, known for their staunch opposition to altcoins and token offerings, are seemingly endorsing a security token issued on Ethereum, a platform often viewed as a competitor to Bitcoin. According to a tweet by CobraBitcoin, the long-time custodian of Bitcoin.org's website, the individuals in question had received INX options at $0.01 per token. He alleged that this would allowThis alleged ""shilling"" has drawn criticism and disbelief, leading to accusations of hypocrisy and potential conflicts of interest.

The central point of contention revolves around the nature of Bitcoin maximalism itself. Bitcoin 'maximalists' accused of 'shilling' an SEC-cleared tokenMaximalists typically advocate for Bitcoin as the only viable and necessary cryptocurrency, often dismissing or outright criticizing other digital assets. Author: Topic: Биткоин максималисты шилят альткоин. (Read 303 times) This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.Their perceived promotion of an SEC-cleared token, especially one operating on a different blockchain, appears to contradict their core beliefs. IEO by Cointelegraph. Please note, this is a STATIC archive of website cointelegraph.com from October 2025, cach3.com does not collect or store any user information, there is no phishing involved.Is this a sign of evolving perspectives, a calculated investment strategy, or simply a misunderstanding?Let's delve into the details of this unfolding drama, exploring the context, the key players involved, and the potential implications for the broader crypto landscape.

What is INX and Why is it Significant?

INX Limited made headlines as the first company to successfully register a token-based initial public offering (IPO) with the U.S. It's like BNB only better, says supposed-Bitcoin maximalists. Markets One News Page: TuesdaySecurities and Exchange Commission (SEC). Contact / proposals, message to 👉🏼 @bitchannelsbot Bitcoin news: @bitcoinchannel 📢 Trading: @bitcoinsignals ⏰ Altcoins: @altcoin 📣 Extended updates: @emergingcrypto 📡 DAPPS: @ethereumdapps 🔹 Shopping with BTC: @bitcoinaccepted Japanese: @btcjpThis regulatory approval is a crucial distinction, setting INX apart from many other token offerings in the crypto space.The INX token is designed to represent ownership in the INX platform, a regulated cryptocurrency and security token trading platform. A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: Obtains access to the information in a personal capacity;The fact that INX navigated the complex regulatory landscape and secured SEC clearance lends it a certain level of legitimacy that many other projects lack.

This SEC clearance is also what makes the involvement of alleged Bitcoin maximalists so surprising.The regulatory landscape surrounding cryptocurrencies remains murky, and many in the Bitcoin community view government oversight with suspicion. Listen to this episode from BTC Sessions on Spotify. SUPPORT THE SHOW: LEDN offers Bitcoin backed loans Sign up and get $50 free NordVPNThe fact that INX has embraced regulation while these supposed Bitcoin purists are endorsing it creates a complex and, for some, unsettling dynamic.

Key Players: Who are the Accused Maximalists?

Several prominent figures in the Bitcoin community have been implicated in this controversy.Among those mentioned are:

  • Stefan Jespers (WhalePanda): Known for his strong Bitcoin advocacy and critical views of altcoins on Twitter.He reportedly compared the INX token favorably to Binance's BNB token.
  • Jameson Lopp: The CTO of Casa and a well-known cypherpunk, also considered a Bitcoin maximalist.He voiced a similar sentiment, suggesting INX could be a worthwhile investment.

These individuals have built their reputations on their staunch support for Bitcoin, often criticizing other cryptocurrencies and blockchain projects. Lopp, and other Bitcoin maximalists, were accused of shilling INX. INX has been cleared by the U.S. Securities and Exchange Commission.Their apparent endorsement of INX has therefore raised eyebrows and fueled accusations of hypocrisy.

The Accusations: Shilling or Strategic Investment?

The central accusation is that these Bitcoin maximalists are ""shilling"" the INX token. Bitcoin 'maximalists' accused of 'shilling' an SEC-cleared token . by Michael Kapilkov. It's like BNB only better, says supposed-Bitcoin maximalists. 7168 . Opinion .This term, often used in the crypto community, implies promoting a particular asset for personal gain, often without fully disclosing potential conflicts of interest.

According to a tweet by CobraBitcoin, the long-time custodian of Bitcoin.org's website, these individuals allegedly received INX options at a significantly discounted price of $0.01 per token. Topic: When Bitcoin Maximalists are Promoting/Shilling an Altcoin (Read 1105 times) Darker45 (OP) Legendary Offline Activity: 2674 Merit: 1891.This alleged arrangement would give them a substantial financial incentive to promote the token, potentially influencing their public statements and creating a conflict of interest.While no concrete evidence of this arrangement has been definitively proven, the accusations have sparked significant debate and scrutiny.

It's important to consider alternative perspectives. Read the most recent news on Samson Mow to stay informed about the latest events, quotes and decisions with our Samson Mow news section.Some argue that these individuals may genuinely believe in the potential of INX, regardless of their Bitcoin maximalist stance. Bitcoin 'maximalists' accused of 'shilling' an SEC-cleared token . by Michael Kapilkov. It's like BNB only better, says supposed-Bitcoin maximalists. 7166 .The SEC clearance, the regulated nature of the INX platform, and the potential for returns could be legitimate factors influencing their investment decisions. Posted by u/FuzzyOneAdmin - 1 vote and no commentsOthers may see it as a strategic move to engage with the broader crypto ecosystem, even if it means supporting a token that isn't purely Bitcoin-based.

The Perspective of Bitcoin Maximalism

Understanding the context of Bitcoin maximalism is crucial to grasping the controversy. El exchange INX lanza una oferta p blica inicial de acciones/token h brido registrado en la SEC; Tanto Jespers como Lopp son considerados maximalistas de Bitcoin, un grupo que algunos categorizanBitcoin maximalism is a philosophy that argues Bitcoin is the only legitimate and sustainable cryptocurrency.Maximalists often view altcoins as scams, distractions, or inferior imitations of Bitcoin. Powering the Next Generation of Gaming: XBorg Sells Out $2 Million Seed Round Community AllocationThey believe Bitcoin's decentralized nature, security, and established network effect make it the only cryptocurrency capable of fulfilling the promise of decentralized finance.

This philosophy stems from several key tenets:

  • Decentralization: Bitcoin is seen as the most truly decentralized cryptocurrency, free from the control of any single entity.
  • Security: Bitcoin's robust security measures and proof-of-work consensus mechanism are considered superior to those of other cryptocurrencies.
  • Network Effect: Bitcoin's large and established network of users, developers, and infrastructure provides a significant advantage over newer cryptocurrencies.
  • Sound Money Principles: Bitcoin's limited supply and resistance to censorship align with sound money principles, making it a potential alternative to traditional fiat currencies.

Given these core beliefs, it's understandable why the alleged promotion of an altcoin, even one that is SEC-cleared, would be viewed as a betrayal of maximalist principles.

Why is an SEC-Cleared Token So Controversial?

The SEC clearance of the INX token adds another layer of complexity to the situation.Many in the Bitcoin community are wary of government regulation, viewing it as a threat to Bitcoin's decentralized nature and freedom from control. Bitcoin 'maximalists' accused of 'shilling' an SEC-cleared token . by Michael Kapilkov. It's like BNB only better, says supposed-Bitcoin maximalists. 7174 . News .The fact that INX has embraced regulation while some Bitcoin maximalists are promoting it raises questions about their commitment to these principles. It's like BNB only better, say the 'maximalists' Please note, this is a STATIC archive of website cointelegraph.com from, cach3.com does not collect or store any user information, there is no phishing involved.The involvement of the SEC often sparks mixed reactions.While some see it as a sign of legitimacy and a step towards mainstream adoption, others view it as an encroachment on the decentralized ethos of cryptocurrency.

Arguments in favor of SEC clearance:

  • Increased investor protection: SEC regulations aim to protect investors from fraud and scams.
  • Greater transparency: SEC filings require companies to disclose important information about their operations and financials.
  • Enhanced legitimacy: SEC clearance can enhance the credibility of a project and attract institutional investors.

Arguments against SEC clearance:

  • Reduced decentralization: Compliance with SEC regulations can require companies to centralize certain aspects of their operations.
  • Increased regulatory burden: SEC filings and compliance can be costly and time-consuming, potentially stifling innovation.
  • Potential for censorship: SEC regulations can be used to censor or restrict certain types of cryptocurrency projects.

The Implications for the Crypto Community

This controversy has significant implications for the crypto community, raising important questions about:

  • Integrity and Hypocrisy: Do these actions undermine the credibility of Bitcoin maximalism and raise concerns about the integrity of its proponents?
  • Conflict of Interest: Did undisclosed financial incentives influence the promotion of the INX token?
  • The Future of Maximalism: Does this episode signal a potential shift in the views of some maximalists, or is it an isolated incident?
  • Regulatory Acceptance: How will the community react to the increasing regulatory scrutiny of the crypto space?

The answers to these questions will shape the future of Bitcoin and the broader cryptocurrency ecosystem. 25 subscribers in the mrcryptolive community. Mr Crypto publish live cryptocurrency prices along with constantly updated statistics.The debate highlights the ongoing tension between the ideals of decentralization and the practical realities of navigating a regulated financial system.It also underscores the importance of transparency and accountability in the crypto space.

Is it Possible for Bitcoin Maximalists to Support Other Projects?

This is where the conversation becomes nuanced. Mehr Nachrichten zum Artikel cointelegraph.com: MicroStrategy s X account hacked, shilling Ethereum token phishing scam aus Zeitungen und Blogs.While the core tenet of Bitcoin maximalism is the belief in Bitcoin as the ultimate cryptocurrency, the interpretation and application of this belief can vary.Some argue that it's perfectly acceptable to invest in or support other projects as long as it doesn't compromise Bitcoin's long-term dominance or security.Others maintain a strict adherence to Bitcoin-only investments and denounce any involvement with altcoins. Skip to main content Bitcoin Insider. MenuUltimately, the line between acceptable engagement and betrayal of maximalist principles is subjective and open to interpretation.

Examples of nuanced perspectives:

  1. Supporting infrastructure projects: Some maximalists may support projects that build on top of the Bitcoin blockchain or contribute to its infrastructure, even if those projects have their own tokens or functionalities.
  2. Investing in companies that support Bitcoin adoption: Investing in companies that provide Bitcoin-related services, such as exchanges, wallets, or payment processors, could be seen as a way to promote Bitcoin adoption without directly supporting altcoins.
  3. Experimenting with new technologies: Some maximalists may be open to experimenting with new technologies that could potentially benefit Bitcoin in the future, even if those technologies are initially developed on other blockchains.

Lessons Learned and Moving Forward

This controversy serves as a valuable reminder of the importance of critical thinking, transparency, and accountability in the crypto space. Cointelegraph Bitcoin 'maximalists' accused of 'shilling' an SEC-cleared token News BTCMANAGER Bitcoin Moved From Dated Wallet, but It May Not Be Satoshi NakamotoIt's crucial to:

  • Do your own research (DYOR): Don't blindly follow the endorsements of influential figures without conducting your own due diligence.
  • Be aware of potential conflicts of interest: Consider the motivations and potential biases of those promoting specific cryptocurrencies or tokens.
  • Evaluate the fundamentals: Assess the technology, team, and potential of a project before investing.
  • Be skeptical: Approach the crypto space with a healthy dose of skepticism and avoid falling prey to hype and FOMO (fear of missing out).

For Bitcoin maximalists, this episode presents an opportunity to reflect on their principles and consider how to engage with the broader crypto ecosystem in a way that aligns with their core beliefs.Open communication and transparency are essential to maintaining trust and credibility within the community.

Conclusion: A Complex Situation with No Easy Answers

The accusation that Bitcoin maximalists are shilling an SEC-cleared token is a complex issue with no easy answers. Bitcoin maximalists accused of shilling an SEC-cleared token CointelegraphIt highlights the ongoing tension between the ideals of Bitcoin maximalism and the realities of the evolving cryptocurrency landscape. Edit Recent News Activity Section. News . Cointelegraph Bitcoin 'maximalists' accused of 'shilling' an SEC-cleared tokenWhile the motivations and potential conflicts of interest of the individuals involved remain a subject of debate, the controversy serves as a valuable reminder of the importance of critical thinking, transparency, and accountability in the crypto space. That's why it's odd that sane and sensible Bitcoin proponents are shilling a security token issued on Ethereum. On Tuesday, a crypto startup called INX Limited became the first company to have a token-based initial public offering registered with the SEC.Whether this situation represents a shift in perspective for some maximalists or simply an isolated incident remains to be seen.The crypto community will undoubtedly continue to watch closely as this story unfolds, drawing valuable lessons about the complexities of navigating a rapidly changing and often unpredictable market.

Key Takeaways:

  • Bitcoin maximalists are accused of promoting the SEC-cleared INX token.
  • The accusations raise questions about integrity, conflicts of interest, and the future of Bitcoin maximalism.
  • The controversy highlights the tension between decentralization and regulatory acceptance in the crypto space.
  • Critical thinking, transparency, and accountability are crucial for navigating the crypto market.

What are your thoughts on this controversy?Share your opinions in the comments below!

Brian Armstrong can be reached at [email protected].

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