Oddbean new post about login | logout I don’t get it. What’s his incentive to scuttle these deals?
My thoughts: - He’s already FUDing MoE, doesn’t want to fight against the USD system - He wants BTC ossification - The longer it takes for BTC to be more widely spread the more he benefits as it becomes more difficult to catch his first mover advantage - Saylor benefits most from HODLers, not from people on a Bitcoin Standard Think through his incentives. Listen to his statements. He’s not here to smash central banks and fiat - he’s in it for himself.
So long as it remains the best store of value will almost certainly become the primary MoE. Ossification is a reasonable position to take. More changes could absolutely introduce more problems than benefits. Most of the tools built into bitcoin have not even been put to use yet. And the last thing we want is for legacy finance people to come in with trillions of dollars & millions of retarded newbs that they can mislead, thinking it is their job to change bitcoin or to influence how bitcoin changes. Make no mistake. This is a war. The easiest way to win it is to let incentives do the work without the people who have everything to lose realizing it's a war. It's good to stay vigilant & pure & principled, but we should be cautious of friendly fire when we have people doing good things.
If he's putting his thumb on the scale on behalf of ossification beyond sharing his opinions and arguments, then it might get messy. https://i.imgflip.com/8m3hiz.jpg
feel like well explained nostr:note1py2j7jkqv0yn9yxqg37npx59dfghmuzv6w47td9f2ts2g39kpt2qzyc4dw
Regarding MoE, you might consider that sometimes people's words are meant for some specific ears and don't necessarily represent one's actual interests. I other words, it might be opportune, at least for now, for certain people to not considers Bitcoin to be a competitor. "This large wooden horse is a gift!"
Trying to steelman Saylor’s possible perspective … funding devs could be dangerous because they don’t know when to stop building. Recent changes expanded the block size in a obscure way and we got ordinals and network spam. Chances are extremely dangerous because they likely require an (almost) impossible hardfork to remove. Better to slow down development and really think things through before adding any other major features. Fewer, more experienced devs can take care of maintenance while major changes are baked longer. 🤷♂️
