John
· 3w
Regarding tomorrow's BIP-110 activation:
I expect BIP-110 will be successful. Not in achieving majority hash rate after activation, but in exposing a completely captured and controlled mining indust...
Been in Bitcoin since 2017, most of my wealth in Bitcoin since roughly 2023.
But before that I started saving in physical Gold and Silver.
Long story short, perhaps we should expect to going back to Gold and Silver.
Not that I like it, far from that.
Not that I want to go back to a society that could function on a Gold standard.
But because that is the only system I know of they can't really infiltrate and poison with their filthy fiat system.
So either we soon find a way to make Bitcoin 'fiat filthy' safe, by embracing an old release and basically freeze that one as sample.
Or I don't see another way of being able to keep the fiat filthy out.
Love to hear other views...