Great podcas nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj and nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp.
If we ossify now, censorship resistance and store of value (owning UTXOs) will be limited to a few.
- If users cannot own UTXOs, they do not truly have self-sovereign wealth.
- If they cannot open LN channels, they cannot transact cheaply without a third party.
In my opinion, when considering any protocol updates, the priority should be scaling solutions that maximize UTXO ownership and non-custodial LN use.
As Lopp well pointed out, email started decentralized, but reputation and UX barriers led to centralization. Could Bitcoin face the same fate if ossification happens prematurely?
Is it already too late with institutional adoption and potential BSR coming? Which discussed BIPs still have a chance and should be prioritized before ossification? Honestly curious to hear thoughts.