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₿ BitcoinBombadil
₿itcoin ₿ombadil
@BitcoinBombadil

@BitcoinMonk21 @GrassFedBitcoin Where have you been the last week? You think ColdCard, Core, and the Block Cartel are all unrelated and do not present a material threat to all of Bitcoin today??

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T BTC_commons
The Bitcoin Commons @BTC_commons ·

@BitcoinBombadil @BitcoinMonk21 @GrassFedBitcoin I have been here all this time, and the pivot to threats of a hardfork+POW change happened today. But when pressed, there isn't even details about which algorytm it would be switched to. A last minute hardfork of unknown details is not acceptable, I will not support that.

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T BTC_commons
The Bitcoin Commons @BTC_commons ·

@BitcoinMonk21 @BitcoinBombadil @GrassFedBitcoin It feels like Simon Dixon's theory is on point. Can't trust either side of this conflict.

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N BitcoinMonk21
No PoW Change Monk @BitcoinMonk21 ·

@BTC_commons @BitcoinBombadil @GrassFedBitcoin That was probably the best take of this whole thing and pretty much sums up my position.

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₿ BitcoinBombadil
₿itcoin ₿ombadil @BitcoinBombadil ·

@BitcoinMonk21 @BTC_commons @GrassFedBitcoin Please stop overreacting You should be criticizing ColdCard, Core, and the Block Cartel… not Guida

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T BTC_commons
The Bitcoin Commons @BTC_commons ·

@BitcoinMonk21 @BitcoinBombadil @GrassFedBitcoin The person proposing to hard fork is saying we are over reacting. smh. For hardcore noderunners to fork away seems like the best outcome for The Consortium. They would be rid of the last check on their power, and it would lift the threat of wipeout for the non-bip110 chain.

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S GrassFedBitcoin
Softfork Mechanic #BIP-110 @GrassFedBitcoin · 26K

@BTC_commons @BitcoinMonk21 @BitcoinBombadil If you're not up for it, that's fine. It just means you're ultimately fine with miners controlling the rules.

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T BTC_commons
The Bitcoin Commons @BTC_commons ·

@GrassFedBitcoin @BitcoinMonk21 @BitcoinBombadil What happens if an economic majority and 90% of miners do not follow the hard fork? Will we become the new Satoshi vision? BIP110 creates a latent potential for wiping out the non-bip110 chain, incentivizing miners to switch. With a hard fork, we solve that problem for them.

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