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@ MAHDOOD
2025-05-02 18:31:19
I don’t know if that’s the case. Let’s say this bitcoin core update destroys a lot of people’s nodes because it just uses up too much data and it becomes too expensive to run a node. Would people continue using core or would they switch to something else that is using up less data like knots? Wouldn’t that be a good thing? As a Bitcoin holder, that’s an easy decision. And if this change pumps up the fees a lot, would it kill the network or would it incentivize development of second layer solutions like lightning? Fees are going to get crazy high eventually. This is inevitable. I’m not saying I’m for network spam. I don’t want ordinals and bullshit on the network. I will not update my node either. But the network fees will become astronomically higher and we still aren’t ready for that because the incentive to build it isn’t really here yet. In other words, lightning development might need a high fee environment to really become useful. Not saying this is exactly what will happen but I’m sure you can imagine this possibility. We simply don’t know the future.
This idea that we should collectively stand together against a threat isn’t practical. Otherwise, we would’ve guillotined these corrupt politicians a long time ago. Bitcoin is anti fragile which means we don’t need to stand together and bully or coerce Bitcoin core to do the right thing. People will just build alternative solutions and we can pick and choose what solutions to use. Incentives > collective action.