Maybe the outcome of BIP-110 on Saturday wasn't so bad after all. The result was unexpected, sure, but it showed us two things we hadn't really been paying attention to, things that might matter more in the long run than OP_RETURN:
1. We underestimated how much fiat corruption there is among miners, and we barely did anything about it.
2. Even our heroes got swallowed up by their own narcissism, spiraling further into radicalization and losing touch with reality.
And we don't have any mechanisms in place to keep either of those in check. Maybe we should start taking seriously the idea that Bitcoin, just like Nostr, is more deeply tied to self sovereignty and the cypherpunk ethos than we've been assuming, and that these principles need to be nurtured and protected before the software itself.
1. We underestimated how much fiat corruption there is among miners, and we barely did anything about it.
2. Even our heroes got swallowed up by their own narcissism, spiraling further into radicalization and losing touch with reality.
And we don't have any mechanisms in place to keep either of those in check. Maybe we should start taking seriously the idea that Bitcoin, just like Nostr, is more deeply tied to self sovereignty and the cypherpunk ethos than we've been assuming, and that these principles need to be nurtured and protected before the software itself.
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