I left the UK shortly before the Brexit vote. The debate was so disingenuous on both sides of the argument. What I am seeing in Bitcoin lately reminds me of that…

Well… Opensats is even worse than I thought. We’re close to the “pick your enemies” moment. The same people who used to suck Primal’s cock are again on their knees parroting stuff they either do not understand or are simply so maliciously minded that they totally lack shame.

I see four groups: BIP-110 camp: wants to restore data limits by force: a consensus soft-fork via UASF, enforced whether or not miners agree. Core / Chaincode: wants no arbiter. relay policy shouldn’t judge use cases, so let the fee market decide and remove the lever entirely. Back / Saylor / institutional: wants immutability. Predictable, coercion-proof rules in both directions, because certainty is the store-of-value pitch. Ordinals / Runes / L2s: wants the data: unrestricted block space, because their businesses run on it. I feel most aligned with the silent group 5: I want the “exit right”: restraint without coercion, decentralization without an arbiter, money-focus lived, not imposed. Guard the ability to leave, not the purity of the chain. I know what Bitcoin means to me and why I am in this game. As long as the game is aligned with my reasons I will be a part of it. If it strays away I will have no issues leaving it.

Do you feel the waves?

Concentration vs Distribution… that’s all that matters, everything else is smoke.