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@chaskin.eth
Bitcoin wasn't always digital gold. It became that because the community couldn't coordinate on changes or fund development. This pivot is a bug, not a feature, and it will show over time
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Thomas
@aviationdoctor.eth
Thank you for saying this. I regret that the modern purity test among Bitcoiners is to defend its ossified, hodl-forever, value-hoarding, pet rock status, when this is so far removed from Satoshi’s vision I’m fine with the Bitcoin project pivoting so hard (I don’t hold any so 🤷♂️ ) but at least let’s be honest about it
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@chaskin.eth
I don’t think they fully realize the downstream effects of this early ossification (that again emerged because they couldn’t coordinate). A recent example I noticed -> why are leaders now encouraging users to trust big banks for custody? It’s at least partially because even though there are known ways to upgrade the chain to make self custody easier (like improving multi-sig usability or adding features like account abstraction), they refuse to make changes This resistance to improvement has ripple effects, pushing users toward centralized solutions
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Mac Budkowski ᵏ
@macbudkowski
Some of them do. A few weeks ago we had on Kiwi this deep dive Lopp essay on ossification: https://blog.lopp.net/on-ossification/
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@chaskin.eth
That's a great point, I'm for sure in Jameson's camp, although I feel like he's in the minority in his community there
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