Clark Moody
· 182w
Bitcoin Pre-mortem:
It's 2033. Bitcoin is irrelevant. Why did it fail?
(and how can we avoid that fate?)
A shitcoin was created what rewards users for bloating bitcoin UTXOs. The shitcoin took of to the moon(probably sponsored by government) and bitcoin UTXO size grew enormously. As a result the bitcoin node was really expensive to run and it got centralizes really quickly.
Where were a few nodes remaining and G7 governments introduced regulations what make these few nodes comply with KYC and sensor transactions.