Rabbit Hole Recap RABBIT HOLE RECAP #342: LIVE FROM BITCOIN PARK
Jan 30, 2025
Discover the intriguing dynamics of Bitcoin as it navigates a challenging economic landscape. Listen in as a block is mined live, showcasing community collaboration. Dive into discussions about Ripple's standing in the crypto world and the evolving regulatory landscape that shapes Bitcoin ownership. The conversation also tackles mining centralization issues and advocates for privacy in the community. With insights on hash rate changes and emerging technologies, this lively dialogue captures the essence of Bitcoin's future.
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Transcript
Episode notes
Prepare for High Fees
- Prepare for sustained high-fee periods and uncleared mempools.
- Consider how to operate effectively even with expensive or delayed transactions.
Mempool Dynamics
- Mempools won't always clear in the future due to increasing Bitcoin adoption.
- This necessitates better tools and development for efficient on-chain transactions.
Ordinals Panic
- The Ordinals launch caused panic among Bitcoin developers.
- They feared missing the chance to implement protocol changes like shared UTXO ownership.
