Adding powerful scripting increases the risk that the bitcoin network will be used for non-standard transactions that worsen centralizing MEV. We can see ETH already struggling with the problem. Why do we want to bring that disaster to bitcoin? It’s not on me to prove that GSR is dangerous. It’s on Rusty to prove it’s safe. Rusty says he has no idea how the new codes will be used. He also said, in his podcast with Livera👇, that he even believes they could be abused, he just doesn’t know how. Obviously this proposal is not safe. It’s pure negligence to not consider the 2nd order effects to the overall bitcoin network. More details: View quoted note →