This is why we need a PoW / BIP-110 hard fork: 1. Stop Bitcoin from becoming data storage 2. Stop centralization 3. There are no other plans for how to fix No. 1 and No. 2 There are three reasons for No. 3: First – the free-rider problem, which is the single most important game-theoretical problem when it comes to freedom and freedom tech (everyone waits for others to fix it). Second – an almost cult-like worship of memes such as “Bitcoin is immutable” and “everything is good for Bitcoin” (the blue pill - a false belief system). Third – those who discuss solutions to No. 1 and 2 are constantly being attacked (bad actors and fearful people resort to power games). Smart people in the space are aware of this. Jeff Booth, a guy I have a lot of respect for, is completely aware of it. But what does he do? He begs hardcore Bitcoiners to stay on the legacy chain and help him and other good people fix Bitcoin. But he has no plan or proposal for how it should be done. Jeff is stuck in No. 3, just like everyone else who talks about the fork. In this game, the practical question for most people is: “Should I sell my coins on one of the two chains after the split?” People will look at No. 3 and many will think: “It might be best to sit on them for a while and see what happens.” You can complain about the fork and smear people for supporting it as much as you want. But in the end, everything boils down to No. 3 and - if you want to be a free rider or not, - if you prefer to have a false belief system, - if you prefer to harass people and - ultimately - what you do with your coins.
50
30
207
29,717
Replying to @enur72
>"stop centralisation" Yeah dude, by getting rid of the huge amount of hash (security) and hundreds of thousands of people who work on the protocol and tool in favour of -checks notes- one religious psychopath censor, a fleet of 15 busted ass shitcoin asics, and Mechanic lol

Aug 20, 2026 · 12:27 PM UTC

1
4
99
Sort replies: Relevant Recent Liked
Seems moronic and super retarded when you put it like that... lol.
1
2
19
In my experience, lol-ers have low self esteem.
1
16