No real anarcho capitalist supports bip 110.
1. Coercive rule imposition: Even though it's a soft fork, it relies on nodes enforcing new validity rules that make previously valid (and paid-for) constructions invalid. This is collective action redefining what counts as legitimate use of the protocol, rather than pure market discipline.
2. Changing the rules after the fact: People built businesses, collections, and protocols on top of Taproot's data-carrying capabilities. Using protocol changes to restrict that retroactively (or prospectively during the window) feels like ex post facto interference.
3. Precedent for control: Once you accept using consensus to "protect" Bitcoin from disfavored uses, the door opens to future interventions justified by the greater good or true purpose. Ancap theory is deeply skeptical of any mechanism that lets a subset of participants dictate terms to others via enforced rules.
This goes beyond the existing block weight limit + fee market. It is an attempt to dictate the character of block space usage, to declare certain paid transactions illegitimate at the protocol level.
1. Coercive rule imposition: Even though it's a soft fork, it relies on nodes enforcing new validity rules that make previously valid (and paid-for) constructions invalid. This is collective action redefining what counts as legitimate use of the protocol, rather than pure market discipline.
2. Changing the rules after the fact: People built businesses, collections, and protocols on top of Taproot's data-carrying capabilities. Using protocol changes to restrict that retroactively (or prospectively during the window) feels like ex post facto interference.
3. Precedent for control: Once you accept using consensus to "protect" Bitcoin from disfavored uses, the door opens to future interventions justified by the greater good or true purpose. Ancap theory is deeply skeptical of any mechanism that lets a subset of participants dictate terms to others via enforced rules.
This goes beyond the existing block weight limit + fee market. It is an attempt to dictate the character of block space usage, to declare certain paid transactions illegitimate at the protocol level.
3❤️1🤙1🫡1
