Bitcoin is growing up.
I think that this growing up stage was inevitable but that the Bitcoin emerges from it is not. I think NGU is baked into the incentives so I have no doubts around that aspect, at least over the next decade.
It's more the decentralised & permissionless aspect. Will these b properties continue to be valued as the wider population accepts Bitcoin derivatives over UTxOs? Upholding the principles that allow for it's permissionless use are inefficient but critical for solving the money problem. Will a small group of psychopaths be able to uphold these principles as bitcoiners exercise their newly acquired optionality?
I don't know.
I know the lines that I will not cross.
Blacklisting addresses over QC fears is one such line. It will be interesting to see where this goes & how it's resolved but it actually doesn't worry me. There's something divine about magic internet money that leads me to want to trust the process, however it unfolds.
Brisket
npub1jm…p6xcq
2026-05-07 22:51:32 UTC
in reply to nevent1q…h93c
Author Public Key
npub1jmy8weweqzckna0amz7pn0uhhkxx693l7st23829ewmu43yvjsesfp6xcqPublished at
2026-05-07 22:51:32 UTCEvent JSON
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"created_at": 1778194292,
"kind": 1,
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"content": "Bitcoin is growing up.\n\nI think that this growing up stage was inevitable but that the Bitcoin emerges from it is not. I think NGU is baked into the incentives so I have no doubts around that aspect, at least over the next decade.\n\nIt's more the decentralised \u0026 permissionless aspect. Will these b properties continue to be valued as the wider population accepts Bitcoin derivatives over UTxOs? Upholding the principles that allow for it's permissionless use are inefficient but critical for solving the money problem. Will a small group of psychopaths be able to uphold these principles as bitcoiners exercise their newly acquired optionality?\n\nI don't know.\n\nI know the lines that I will not cross.\n\nBlacklisting addresses over QC fears is one such line. It will be interesting to see where this goes \u0026 how it's resolved but it actually doesn't worry me. There's something divine about magic internet money that leads me to want to trust the process, however it unfolds.",
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}