- Tell me how Bitcoin is not sound money without bip444? Please explain your position.
- Because of the trust that's required to make it work. Miners must be trusted not to obstruct circulation of money with bulky and malicious garbage that makes it:
- less portable,
- riskier,
- costlier,
- less valuable.
BIP-444 eliminates that weakness and aligns incentives. https://x.com/GregTonoski/status/1992178220049809545
- Because of the trust that's required to make it work. Miners must be trusted not to obstruct circulation of money with bulky and malicious garbage that makes it:
- less portable,
- riskier,
- costlier,
- less valuable.
BIP-444 eliminates that weakness and aligns incentives. https://x.com/GregTonoski/status/1992178220049809545
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