BTC Sessions

Saylor Just SLAMMED Bitcoin Core Devs — NO ONE Expected This!

Sep 19, 2025
Michael Saylor's surprising comments about Bitcoin Core developers could shift the landscape of Bitcoin governance. He cautions against protocol changes while advocating for multiple Bitcoin implementations. The discussion touches on broader macroeconomic risks, including the potential for the Fed's third mandate and its implications. Meanwhile, Monero faces security challenges with recent attacks and reorgs, raising questions about decentralization. The hosts also explore privacy tools and the importance of self-custody in the crypto space.
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INSIGHT

Caution Against Frequent Protocol Changes

  • Michael Saylor warns that many well-intentioned protocol upgrades can unintentionally degrade Bitcoin's core value.
  • He argues ossification and skepticism toward third-order changes protect against destructive "good ideas."
INSIGHT

Multiple Implementations As A Safety Valve

  • Saylor and hosts view alternative implementations like Bitcoin Knots as a healthy check on Bitcoin Core's trajectory.
  • Competition between clients reduces concentration risk and prevents unilateral changes to consensus rules.
ADVICE

Use Nodes To Signal Policy Concerns

  • Run an economic node and choose your client intentionally to express mempool and policy preferences.
  • Consider switching implementations to signal concerns, but understand a majority is required to change consensus.
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