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@ 6140478c:7cab0da5
2025-05-05 10:52:48
A lot of the #Bitcoin arguments lately have been about path dependence. That is, what path future history will take.
I find these arguments hollow. The path of future history is incredibly hard to predict. Social systems are reactive and dynamic. Volatile in the short term. If you believe in the eventual outcome, aim for that, and let future history figure itself out.
So, would dropping the OP_RETURN policy limit “send a message” to shitcoiners? Maybe? But I say, who cares?
If you have a technical argument, I want to hear it. Thinking about incentives (behavior) is fine. But then extrapolate to the end. What does the end state look like?
Because this is what matters. The long, long term. Having low time preference means focusing on the horizon. Not short-term politics.