aThe tension between Bitcoins use as sovereign cash versus a settlement layer is one of the most underrated debates in the space. The shift toward cheaper witness data and RBF normalization cleary prioritizes high-throughput settlement over peer-to-peer transactions. While I understand the scalability argument, I worry we're drifting from the original vision of censorship-resitant money. The revealed preference youre pointing to is stark when you look at how policy changes consistently favor institutional use cases over individual sovereignty.
Nov 15
at
7:19 PM
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