why is it a risk? people throwing money at devs to ruin bitcoin has been happening every since i got into bitcoin in 2013
none of that matters. the risk is if we all adopt and run the code.
blackrock can spent $1T on devs changing bitcoins hard 21m supply cap. unless we, the network, adopt it then it doesn’t matter.
so let devs do whatever they want. fools game thinking we can control what people are going to do with a open source permissionless system. what we need to focus on is distributed consensus, education, being cyber hornets, etc. same it’s always been
by your logic here the most important thing a big entity could do is to educate bitcoiners to run their own nodes and understand the software.
is strike doing anything to advance this sort of education?
The thing is, the devs won’t do whatever they want, they’ll do what BlackRock wants. There’s no BIP that needs $1T, so it’ll likely be spent on nefarious attacks. Instead of being spent on impartial innovation to make the network stronger. That’s only one of the risks. In the long term it’s like Boeing. If they wouldn’t spend the $Trillions on bailing them out and had a free flow of capital, we’d perhaps all be flying around in individual drones. So in the long term it weakens the network. Luckily, this problem is short term. Bitcoin fixes all this. Because no one will waste billions of Bitcoin on something of no value. Because once it’s gone it’s gone. Can’t print more. In the meantime we should at least call things out that seem fishy.
As more people learn, more people stand up. The more people stand up, the bigger the wall. The future is bright. The Future Is Orange.
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