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What's the Problem With Bitcoin? | James O’Beirne

Supply Shock

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Challenges in Bitcoin Activation and Community Evolution

This chapter addresses the complexities and challenges surrounding the activation of Bitcoin upgrades, particularly the opcodes op ctv and op check stake. It highlights the evolving perspectives within the Bitcoin community and the historical context of past activation disputes, including the block size wars and the cryptocurrency’s own ideological divides. The discussion emphasizes the importance of consensus, innovation, and reevaluating Bitcoin's design choices for its future sustainability.

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