Prompting Grok to save me time reading/rebutting Lopp's hit piece against BIP-110. Pretty decent summary. image

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I read it and its exactly what I expect from Jameson Lopp given his behavior, communication and investments in the past years. A manipulative shitcoiner.
BitcoinIsFuture's avatar BitcoinIsFuture
Lets analyze Jameson [S]Lopp new article that is more like hit piece propaganda and misinformation typical for his manipulative style of communication. At the end of the article he directly tells you that Bitcoin is not Money but: "Bitcoin is not simply money, it is programmable money, and that comes with the ability to design use cases some may consider to be non-monetary in nature. I'm done arguing with folks who can't accept reality." That aligns with Citrea's view to turn Bitcoin into Ethereum 2.0 (link below [1]) "We're hearing things like Citrea is better than Ethereum," Chainway Labs co-founder Orkun Mahir Kılıç told CoinDesk. "It'll be better with time, because there's like $1 trillion, as of now, sitting in the Bitcoin blockchain. It is the most secure, battle-tested and decentralized blockchain. And we are bringing decentralized finance to it." In 1. Lopp tells you that there is "High risk of chain splits." but he fails to tell you that this is just one of 4 scenarios. (links below [2]) In 2. he struggles to find "edge cases" because BIP 110 "exempts pre-activation UTXOs" and "is a soft fork that is forward-compatible" but he still tries his best to find a problem. In 3. contrary to what Lopp says, its spam and Citrea turning Bitcoin into Ethereum 2.0 that "Damages Bitcoin's reputation.". Also here he omits the monetary part - "Bitcoin's strength lies in its censorship resistance". It would be correct to write 'Bitcoin's strength lies in its censorship resistance as money'. He adds now the term "programmable" to excuse the spam, jpegs, NFTs and DeFI - "permissionless programmable money". In 4. "Spam is already mitigated by the block size limit and open market for block space." which is of course not true. image In 5. It is the compromised Core and their Core V30 that "Divides the ecosystem." Unfortunately Core bent the knee to spammers, scammers and shitcoiners like Citrea. In 6. Lopp outlines Citrea's technology - BitVM. In 7. Again misinformation - "Bitcoin being a neutral network". Bitcoin is neutral MONETARY network but Lopp and Citrea and the shitcoiners do not like that. In 8. Again misinfotmation - "By attempting to filter "bad" data". BIP 110 filters ALL large data that abuses Bitcoin. BIP 110 is the most neutral solution that could exist. And then, based on his misinformation Lopp adds FUD "selective censorship". The truth is that BIP 110 reduces legal risk as large jpegs can't be added to Bitcoin blockchain. In 9. See link [3] 76GB of non-financial data added, stored by every node, forever 36% of blockspace now consumed by spam (last 90 days) 1% of miner revenue contributed 35X surge in large OP_RETURN since April, before any code shipped In 10. BIP 110 as temporary will give Bitcoin time to assess its effectiveness and if adjustments are needed they can be made and after that made permanent to protect Bitcoin being Freedom Money. In 11. BIP 110's goal is to reduce spam and large arbitrary data and simulations with real data shows its doing it excellent See link [4] After that Lopp tries to threaten Ocean and call Bitcoin Knots node runners - cult. [1] https://finance.yahoo.com/news/bitcoin-zero-knowledge-rollup-citrea-173000226.html?guccounter=1 [1] https://www.nobsbitcoin.com/citrea-raises-2-7m/ [2] https://blockspaceweekly.substack.com/p/bip-110-the-miners-paradox [3] https://blockspaceweekly.substack.com/p/issue-3-three-years-of-spam [4] https://blockspaceweekly.substack.com/p/issue-8-bip-110-the-corrected-analysis
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IMO the argument is centering around semantics when it should be argued from metaphysics and consistency. Lopp’s metaphysics and his advocacy don’t line up, he sells Bitcoin as hard, ossified physics, then argues like a technocrat. Mechanic is at least coherent inside his living‑polity frame, he just hasn’t shown why that metaphysics is actually true of Bitcoin rather than simply assumed.
He mentioned growth of the chain separately to the discussion around BIP-110. The BIP doesn't decrease block size to 300KB which was what that section of the podcast was about.
Bob Social, 's avatar
Bob Social, 1 month ago
I don't want him to change bitcoin🫥. What is the probability that he can attack bitcoin successfully😶, and make the change he wants to implement?
What’s missing is a clear, argued metaphysical claim about what kind of thing Bitcoin is at the base layer, a living polity or an ossifying time‑and‑state substrate, rather than just analogies and semantics built on top of that assumption.
I think the “Bitcoin is mycelium / living thing” framing is a great analogy for how Bitcoin manifests in culture, memes, social networks, economic behavior. Where I’m hung up is when that analogy gets pulled one layer down and applied to the base layer itself. I haven’t yet seen a coherent argument for why the consensus rules should be treated as a “living polity”, rather than as an ossifying model of time and state that living systems grow on top of. When I look at Bitcoin, I see a fixed time and space substrate (global consensus on ordering and validity) and then money, data, and culture colonizing that substrate. Calling the whole stack “living” without separating substrate from emergent life feels like a category error mistaking the life of the ecosystem for the life of the protocol physics. By way of analogy, it’s like saying the soil and the mycelium are the same thing; they aren’t, and trying to change the chemical structure of the soil after it’s colonized can kill the network you’re trying to protect. From that frame, you fight invasives at the network layer, policy, law, client behavior, culture, not at the consensus layer. I could be wrong here, and if there’s a good piece that really makes the case for Bitcoin as living polity at the base layer level, I’d genuinely like to read it.
Great! I don't care what you run, but I am interested in economic signals. Would you care to put your money where your mouth is?
Jameson Lopp's avatar Jameson Lopp
Back in September I publicly offered to enter into a wager with anyone who was claiming that Bitcoin Core v30 was going to result in a massive node crash / network outage. Nary a Knotzi took me up on it, to my great chagrin. Today I'm making a similar, but better, offer to BIP-110 supporters. I propose we enter into a trustless fork futures contract. I'll take the side that will make the deposited BTC only spendable if BIP-110 fails, you take the side that's only spendable upon success. Minimum 1 BTC wager to make it worth my time. Come take my coins and show us your conviction! Who will have the guts to put their money where their mouth is? @Bitcoin Mechanic @npub1lh27...a9nk @npub1s33s...252p @npub1jt97...la9y @npub1cjw4...j2rh @npub1gth6...3a7q
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Still don't have the balls to put your bitcoin where your mouth is?
Jameson Lopp's avatar Jameson Lopp
Back in September I publicly offered to enter into a wager with anyone who was claiming that Bitcoin Core v30 was going to result in a massive node crash / network outage. Nary a Knotzi took me up on it, to my great chagrin. Today I'm making a similar, but better, offer to BIP-110 supporters. I propose we enter into a trustless fork futures contract. I'll take the side that will make the deposited BTC only spendable if BIP-110 fails, you take the side that's only spendable upon success. Minimum 1 BTC wager to make it worth my time. Come take my coins and show us your conviction! Who will have the guts to put their money where their mouth is? @Bitcoin Mechanic @npub1lh27...a9nk @npub1s33s...252p @npub1jt97...la9y @npub1cjw4...j2rh @npub1gth6...3a7q
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Kush's avatar
Kush 1 month ago
Bruv… that’s propa geek speak