Now that the BIP-110 saga is over, it's probably a good time to reflect.
In my opinion, BIP-110 failing is long-term good for BIP-110 supporters.
The BIP-110 question was:
- OK, Bitcoin mining is insanely centralized, so are the 5 mining pools (who share the same boss) going to get an order to do nothing, or will they be instructed to pretend that nodes actually matter?
From my old post "Who holds the Power in the Bitcoin ecosystem (does your node matter" - ( 
):
- Bitcoin does not run on ideals; it runs on coordination between code, hash, and liquidity — and those are controlled by a few dozen institutional actors who can synchronize quickly. Core defaults + pool templates + venue policies decide reality. Users matter only when they can coordinate economic liquidity, which is rare. Expect future changes to follow the same political playbook.
In that post, I put "ordinary user nodes" last in the power stack.
If BIP-110 had succeeded based on decentralization theater and misguided "game theory" circus, BIP-110 supporters would still be living a lie.
Stop listening to boomer Bitcoiners who tell you that "Bitcoin is decentralized and secure" and do some of your own research.
Bitcoin is not decentralized and secure, it was simply allowed to look that way ( 
).
Until you realize that we live under something very close to a One World Government ( 
), your attempts at game theory are worse than useless.
Most people are just too mentally weak to face our current reality and would rather live a lie.
To understand why Bitcoin will fail as mass, non-custodial Medium-of-Exchange, read this article ( 
).
And no, "firing the miners" will not be nearly enough.
To understand why Bitcoin was most likely created by the government, read this article ( 
).
If you are too heavily into Bitcoin and down bad on your position, I hope our jewish overlords give Saylor a $1 trillion loan at 0% interest so he can pump the BTC price.
Then, more people will focus on what actually matters:
- your health, your community, your skills, your adaptability, tools, machinery, weapons, self-sufficiency, gold, silver, Monero (if you need digital cash), land that produces food, energy, local services, cattle, etc.
Usually, as the governability of the holder base of an asset increases (more captured, more in the system), our fiat overlords are more incentivized to pump its fiat-denominated price.
( This is of course an oversimplification. )
If Bitcoin's fiat price pumps, most Bitcoiners will quickly forget that BTC is a captured asset, so you usually get fiat gains as a gift for being a good, little goy.
In another post, I'll cover how I got lucky and sold 85% of my BTC at 113K and the remaining 15% at 95K. (Basically my opinion on why the Bitcoin cycle exists)
I'd only use Bitcoin for speculating (trying to mine fiat), and as of now, I'm staying away because I don't think that the incoming Quantum scam is priced in ( 
).
Who holds the Power in the Bitcoin ecosystem (does your node matter)
Bitcoin does not run on ideals; it runs on coordination between code, hash, and liquidity — and those are controlled by a few dozen institutional...
Is Bitcoin decentralized & secure or is it allowed to look that way
Bitcoin is permissionless in code but permissioned in practice by choke-points that governments and large intermediaries either directly control or...
How I know we live under a One World Government
The US, China and Russia are building interoperable programmable, surveilled money, programmable, surveilled movement, programmable, surveilled spe...
Bitcoin will fail as mass, non-custodial Medium-of-Exchange
When we look at the past 5-10 years, Bitcoin’s trajectory is quite clear. Capture goes up, freedom goes down.
Why I think the government created Bitcoin (and a few predictions)
Why I think the Controllers created Bitcoin and more importantly my predictions for how the next few years unfold.
A Quantum-resistance upgrade would be terrible for Bitcoin
A serious quantum-resistance upgrade for Bitcoin would be one of the most complex, politically loaded, and coordination-fragile events in its history.
