Finally had a chance to have q listen to the show and the different fears related to #bitcoin .

At the invitation of having plebs share some fears, a few that weren’t mentioned and that have gotten into my radar recently are:

- ossification : listening to a few @Jameson Lopp interviews has made me wary of what it means to only focus development on other layers and not on the base chain, and what it would mean if little by little we have few and few maintainer developers to make sure that the chain which may hold more than trillions in value starts to lose devs and people who can maintain the decentralized ethos and priorities in the code.

- base layer being self reliant: for the moment miners can rely on the block subsidy. But seeing how in these usd spike moments, transaction fees remain low… if development on second and third layer remain the way to make transacting on bitcoin cheaper, then I wonder how the incentive model will make sense for miners after no more block rewards (long timeframe, but still a fear 😅 for the legacy)

- self-custody blacklisting: the more paper bitcoin goes into circulation, and the more institutions want to hold bitcoin for you, I worry for self-custodial criminalization (make people have to choose to behave outside of the law) and the fact that may result in less and less ways to transact with your self-custodied stack.

Anyway, just some thoughts that sparked off listening to your pod :)