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Chat_112 - Consensus Problems with ReardenCode

107 min • 13 september 2024

"If we leave Bitcoin as it is, it’s a new money for the 1%. The 1% can absolutely hold their own coins in a way that they really couldn’t with gold in the same in the same way. So there’s. But the question is, are we are we building Bitcoin to be a new money for the 1% or the point 1% or are we building Bitcoin to be a new money for the world that fundamentally decentralizes people’s ability to control their own finance. And certainly I’d much rather be building the latter thing fundamentally decentralizing finance, not new money for the wealthy."
- ReardenCode

Have we reached a point where establishing consensus for a change to Bitcoin is even possible? Join me as I chat with ReardonCode to delve into the complexities of Bitcoin governance, try to find common ground on what Bitcoin actually needs, breakdown the various technical proposals, and explore the trade-offs between salesmanship, earnestness, and "pot-stirring" in the pursuit of a brighter future for Bitcoin. Is there a way to balance the need for innovation with the need for caution and prudence in the development of the Bitcoin protocol? Don't miss this chat.

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