i think the anti-BIP300 arguments get too convoluted (51% attacks, MEV?, creates miner centralisation).
keep it simple- the game theory of it fails. economically, miners are overwhelmingly incentivised to steal. i believe any meaningful amount of drivechain TVL will be stolen by miners voting for a WT^ transaction that splits the escrow by pool % hashpower- no offchain coordination required.
why turn bitcoin into a laughing stock?
Does becoming a laughing stock imply price reduction?
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Is bitcoin more than its price?
don’t care. i just think everyone on the fence with bitcoin (ie everyone not terminally online like us) will lose faith with bitcoin when they hear about a LUNA-tier rug.
:) #waves