Bitcoin Mechanic
· 3d
https://youtu.be/T65RXneAkCA
History is usually written by the winners. Those who prevail, gain power, or occupy key positions decide how events are later interpreted. They shape the narrative and define what is considered “right.” This often creates a black-and-white view: the winners were right, the losers were wrong. Reality, however, is rarely that simple. Good arguments do not disappear just because one side won politically or structurally.
The same pattern can be seen in Bitcoin. During the Blocksize Wars, certain groups won. Today, these groups are deeply embedded in Bitcoin’s structures and strongly influence both its technical direction and its ideology. The system that emerged from this has clear strengths, but also increasingly visible weaknesses.
Some of these effects are easy to observe. Scaling mainly happens off-chain, often with centralising tendencies. The mempool is increasingly used for non-monetary data. The SegWit discount makes some forms of spam cheaper than normal on-chain payment transactions. Transactions are not private, and miner fee revenue remains low.
This does not mean that the chosen path was wrong. But it does show that Bitcoin is not perfect, and that some arguments from the other side of the conflict had real merit. The bigger issue is not that these arguments exist, but that many of the original winners are unwilling to acknowledge them in hindsight or consider adjusting direction.
One of Bitcoin’s greatest strengths is that there is no permanent authority and no single group that can decide its direction forever. Developers, miners, companies, and users all influence Bitcoin, but none of them fully control it. Change emerges slowly through use, economic pressure, and real incentives. It is messy and chaotic, but unavoidable.
These recurring conflicts in Bitcoin are not a weakness. They are the direct result of having no central authority. They force existing structures to confront reality again and again. That is exactly what keeps Bitcoin flexible, resistant to capture, and alive. Turbulent times are necessary to realign Bitcoin with reality until it finds its best path. Do not fear these conflicts: stand for change, and Bitcoin will do the rest.
This post is inspired by this video.
Best regards, I appreciate your content.
The same pattern can be seen in Bitcoin. During the Blocksize Wars, certain groups won. Today, these groups are deeply embedded in Bitcoin’s structures and strongly influence both its technical direction and its ideology. The system that emerged from this has clear strengths, but also increasingly visible weaknesses.
Some of these effects are easy to observe. Scaling mainly happens off-chain, often with centralising tendencies. The mempool is increasingly used for non-monetary data. The SegWit discount makes some forms of spam cheaper than normal on-chain payment transactions. Transactions are not private, and miner fee revenue remains low.
This does not mean that the chosen path was wrong. But it does show that Bitcoin is not perfect, and that some arguments from the other side of the conflict had real merit. The bigger issue is not that these arguments exist, but that many of the original winners are unwilling to acknowledge them in hindsight or consider adjusting direction.
One of Bitcoin’s greatest strengths is that there is no permanent authority and no single group that can decide its direction forever. Developers, miners, companies, and users all influence Bitcoin, but none of them fully control it. Change emerges slowly through use, economic pressure, and real incentives. It is messy and chaotic, but unavoidable.
These recurring conflicts in Bitcoin are not a weakness. They are the direct result of having no central authority. They force existing structures to confront reality again and again. That is exactly what keeps Bitcoin flexible, resistant to capture, and alive. Turbulent times are necessary to realign Bitcoin with reality until it finds its best path. Do not fear these conflicts: stand for change, and Bitcoin will do the rest.
This post is inspired by this video.
Best regards, I appreciate your content.
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