Just dropped an interview with Cointelegraph on why BIP110 is a direct threat to $BTC's core principles.
The reality: You can't have your cake and eat it too.
$BTC works as sound money BECAUSE the rules are hard to change. The moment you make protocol modifications easy, you kill the neutrality and permissionlessness that made Bitcoin valuable in the first place.
This isn't about being anti-innovation. It's about understanding that Bitcoin's rigidity IS the feature, not a bug.
Pick one: Sound money with credible commitment, or a mutable protocol that can be bent by whoever has the most influence.
You can't have both.
The reality: You can't have your cake and eat it too.
$BTC works as sound money BECAUSE the rules are hard to change. The moment you make protocol modifications easy, you kill the neutrality and permissionlessness that made Bitcoin valuable in the first place.
This isn't about being anti-innovation. It's about understanding that Bitcoin's rigidity IS the feature, not a bug.
Pick one: Sound money with credible commitment, or a mutable protocol that can be bent by whoever has the most influence.
You can't have both.