I was thinking about this last night.
Q: Why were the influencers fighting 110 so hard if they knew it would fail anyway?
A: Because without the public fight, the fact that the outcome was wholly decided by the miners would have been obvious to even the most retard among us.
Heads up- there will be trolls like Udi posting fake news about BIP-110 activation today
Be ready for that
For real status I’d recommend
https://t.co/ERNSVHD4Mr
Or
https://t.co/aw7Px3kHz5
@btcbenchmark@lukedewolf You really don’t know how forks work. If they transact as you put it on the “altcoin” chain then their coins exist on the corechain at whatever dollar value is given to it. The BIP chain can wipe the core chain but not the other way round. And no, it’s not been called off.
@BTCsessions@SOVsessions Homelabbing and self hosting is a deep deep rabbit hole. Looking forward to your content, hope the new channel is a big success and brings more people into the sovereign hobby.
Current perspective -
They tried to crudely wrestle control of Bitcoin away from the sovereigns with the "hard forks" in 2017.
They realized that it just doesn't work. So instead this time around there's a Fabian style infestation of the space and it has become captured rather than overtly conquered.
It's very hard to defend against this because the attacks are all small enough to make any concrete pushback appear to be an overreaction.
Anyone who can extrapolate forward can see that anything that undermines Bitcoin's identity as a monetary protocol, if not rejected decisively, results in eventual death.
It's not here to compliment the dollar, it's here to replace and destroy it. Cope to the tune of "trojan horses" is now and always was self deception.
Protocol capture is real and the norm for freedom tech that reaches levels Bitcoin has.
People continue to underestimate the threat Bitcoin poses to the system and refuse to understand the lengths to which that system will go in neutering it.
I'll have more to say over the coming days as we establish whether the industry still respects the decentralization necessary to maintain our disruptive potential or if it chooses to close ranks and become a servant of the fiat apparatus currently coopting the network.
@CorySwan Almost like decentralisation is critical. Make it easy to run a node, keep shitcoins out and keep the rules. Maybe BIP110 is a good idea after all?