<oembed><type>rich</type><version>1.0</version><title>buckyfonds wrote</title><author_name>buckyfonds (npub1x9…p6rta)</author_name><author_url>https://yabu.me/npub1x9hghmfunry8wcgg8s8w5e3drmkndw92r8qu0cp2l28u32aqqn9q6p6rta</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>How Bitcoin&#39;s developers have failed the community&#xA;&#xA;This will not be a technical post, I can eventually write one on the specifics of how Bitcoin&#39;s developers have weakened Bitcoin’s sovereign / monetary (MoE) use.&#xA;&#xA;In this post, I&#39;ll cover the predictable chaos that developer have caused.&#xA;&#xA;99% of users should have never had to know what OP_RETURN is — and the fact they do means Bitcoin&#39;s developers have failed the community.&#xA;&#xA;The fact that non-technical users have had to learn about these details is a massive failure on the part of the developers.&#xA;&#xA;Now you have users taking sides on a soft-fork debate purely based on their blind faith in influencers without understanding the technicalities.&#xA;&#xA;When UX abstraction fails, politics invades the base layer:&#xA;&#xA;- Money that requires protocol literacy isn&#39;t money yet. If non-technical holders must parse mempool policy, witness discounts, inscription hacks, or soft-fork signaling to judge existential risk, you&#39;ve leaked governance from experts to the masses without giving them power — just anxiety.&#xA;&#xA;- Abstraction debt. Bitcoin&#39;s developers are no longer shipping &#34;safe defaults&#34;. That created a vacuum where influencers do protocol comms, and users pick tribes by vibes.&#xA;&#xA;- Legitimacy hazard. The minute regulars think &#34;the rules can shift under me&#34;, your store-of-value narrative becomes contingent on whoever writes/merges code, not on time. That&#39;s a reputational tax that compounds.&#xA;&#xA;In the Bitcoin ecosystem (developers, miners/pools, exchanges/custodians, state/regulators), no actor with power is optimizing for &#34;simple, sovereign Medium-of-Exchange for the masses&#34;. They optimize for revenue, deniability, and policy compatibility.&#xA;&#xA;All of this chaos and retail anxiety caused by developers will lead more people to ETFs/custody adoption and will lessen self-custody and MoE use.&#xA;&#xA;If node policy changes keep enabling more and easier illegal payloads, pressure lands on runners/miners first.&#xA;&#xA;Captured developers is the most asymmetric attack vector - it hits sovereign users hardest, while leaving institutional wrappers unaffected.&#xA;&#xA;Developers have to start treating Bitcoin&#39;s users as stakeholders, not an audience they have contempt for.&#xA;&#xA;The only way out of this is for the users to start working on a rough draft of constraints that should be imposed on the developers.&#xA;&#xA;I might write a very rough version eventually.</html></oembed>