6min chapter

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BCB115_HARRY SUDOCK: High On Hash & Ruining Parties

Blue Collar Bitcoin

CHAPTER

The Seeds of Bitcoin's Undoing

I think reminding people of what you just said, block space, UTXO set being commodity goods is key because let's let's drop parallel. We do not have a role to play in centralized control over a fee market. You just have to let the market do its work and let people implement and iterate until they've solved the problem. I don't necessarily think this is a bad step currently, but it does make me a little bit cautious because nobody, most people didn't see this coming. And we don't want to make too many changes that could adjust the chemistry of this digital gold. It's also encouraging second layer stuff to start being developed in a more serious way.

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