Damus
MAHDOOD · 1w
How concerned are you with bitcoin right now on a scale of 1 to 10? Consider the knots vs core drama. Potential centralization and fork of the network. BIP 110. Adam Back on Epstein island. The price...
Bud profile picture
I want to say 1 but if I'm being honest:

- Mining centralization (critical and not discussed enough, we should pressure the miners to adopt stratum V2 and DATUM)

- Quantum Computing (not too much concerned honestly but we must continue to discuss and research on the topic)

- Institution capture through paper bitcoin (this one is concerning only on a short to medium term but it could lead to a critical lack of interest globally, prevent bitcoin to stay the best store of value, create a vicious cycle of underperformance and lead to a very painful bear market until we reach the floor where only hardcore believers hodl it)

- The rest is just noise to me

So like 2-3 long-term
1
MAHDOOD · 1w
Mining centralization is a huge concern that needs to be talked about more. Paper bitcoin is going to make normie adoption more difficult. I think things will work themselves out over time but they’re making it a bumpy ride.