Hardcore bitcoin purists haven't lost faith in the world's largest digital currency, despite it losing nearly 17% of its value, marking the worst weekly performance since July 2024 and wiping out about $200 billion in market cap in the last seven days. The prominent bitcoin advocates or maximalists (short for maxis) — a group that believes bitcoin is the only cryptocurrency likely to achieve lasting global adoption and monetary relevance — argue that capital is being sucked out of crypto and into artificial intelligence, creating what they see as a temporary liquidity crunch rather than a fundamental bitcoin problem.