HODL_MFER on Nostr: Jeff: I share your optimism, but we're not free of risks. One concern with the future ...
Jeff: I share your optimism, but we're not free of risks.
One concern with the future of Bitcoin are covenants, which with a little malice, can turn BTC into "CBTC", programmable bitcoin. There yet another dev James O'Beirne trying to push a covenants update by speedy trial right now. They try to make it sound innocuous, but it's not.
Just like there is a miner council (with the help of saylor (npub15dq…lm5m)), there should be an organization protecting Bitcoin from dev bribery and misconduct. Who is funding James O'Beirne? 🤔
Cheers
https://twitter.com/jamesob/status/1612482957406801922?t=qugKi3a4eqlVu6S-YLny4w&s=19
One concern with the future of Bitcoin are covenants, which with a little malice, can turn BTC into "CBTC", programmable bitcoin. There yet another dev James O'Beirne trying to push a covenants update by speedy trial right now. They try to make it sound innocuous, but it's not.
Just like there is a miner council (with the help of saylor (npub15dq…lm5m)), there should be an organization protecting Bitcoin from dev bribery and misconduct. Who is funding James O'Beirne? 🤔
Cheers
https://twitter.com/jamesob/status/1612482957406801922?t=qugKi3a4eqlVu6S-YLny4w&s=19