Like you, for the first time, I’m worried that #bitcoin may not make it. The issue is that #bitcoin has been attacked. Using CoreDevs as the attack vector, challenging Bitcoin’s immutability. Bitcoin must do two things in the absolute. It needs to be scarce, and it needs to be immutable (can never be changed). Or it’s done. Core and Knots updating the code IS the threat. We need to freeze the code. It doesn’t need features. And therefore it doesn’t need maintenance. It’s a ruleset. Not an app. Bitcoin was the only chance we had…
Discussion
We wouldn't have lightning had the community thought this way the whole time. Who gets to decide when Bitcoin is good enough and no more changes or additions are needed?
Initially Satoshi-san and team decided. And they decided that scarcity and immutability are absolute. Unfortunately they left a back door open, making developers the single biggest threat to the viability of #bitcoin … despite the decentralized nodes and miners, despite cryptography.
They passed the torch to us. And we need to be smart enough to know when to shut the back door. It’s high time, or Bitcoin is dead.
If we freeze the code now, won't there be a massive supply shock when Satoshi's wallets get compromised by quantum computers?
What about updates that improve fungibility/privacy? Does immutability and scarcity matter if any sats that have even interacted with a nonkyced wallet are blacklisted? The state wants to assign a risk score to every satoshi.
