Its dangerous that we have group responsible for the up keep of bitcoin thats heavily influenced by big money, fancial institutions, etc.
Im not entirely sure how the miners will flip to bip110, I dont understand how they are incentivised to. So as much as i want bip110 to succeed, im not entirely sure how this will unravel.
Everyone is against bip110, even Michael Saylor, Lyn Alden, odell, Jimmy Song, all bitcoiners I respect. Saylor I kind of understand because he is tied between commercial and bitcoin fundamentals. So he has to tow a careful line not to alienate himself from commercial interests, which he wants to integrate into.
The only explanation I can think of is because people are afraid they align with the wrong crowd that doesnt win. To be completely honest im not sure why people cant see the dangers. Currently transaction fees are extremely low, spam is not significant issue. But when bitcoin starts become more relevant as money and position in the world, state actors will use every trick in the book to attack bitcoin. The spam will be used to attack bitcoin, flood it with content that will make the roughest people's stomach churn.
Im even more concerned about the direction this is heading. Core is compromised and they will make bigger and bugger changes in the future that slowly become more and more dangerous. If the attacks occur gradually, then people wont realise, their standard get lower and lower over time. People tend to keep moving the goal posts, the keep selling out jyst a little bit. And before you know it we have a monetary network thats controlled and co-opted. I think alot of bitcoiners take it for granted the resilience of bitcoin. Its only as resilient as we make it.
I really really hope Bip110 crosses the line. 🙏