Bitcoin is not a finished product. We may be on a detour to address spam, and part of the crisis did originate with (mishandling of) the Segwit and Taproot upgrades - but to improve the world, we still need more functionality. Stopping all improvements forever ("ossifying") is fatal.

Part of addressing the issues with Core needs to be ensuring we don't repeat the same mistakes: if an upgrade introduces unforeseen vulnerabilities, those need to get addressed in a timely manner. All protocol changes require support from the entire community, so we developers are going to have to earn that reputation back.

There are fairly simple, low-risk softforks like CTV, or even a consensus cleanup (though I have reservations about BIP 54), that should not introduce vulnerabilities, and could be a starting point to regain confidence after Core is out of the picture.

The next step up is probably native zero-knowledge support, BitVM optimisations, and similar. This is when it *might* make sense to start considering Bitcoin L1 "complete", and capable of handling further improvements and even scaling on true trustless sidechains. We have a long road to get there still, and every step will take consensus - possibly quick mitigation of unforeseen outcomes - but we shouldn't lose sight of the end goal: a decentralised currency that nobody can undermine, and hopefully one day onboard the entire global economy.

It's possible to accomplish, but we will have to work for it.

Knots:

I have no expectation of returns.

I expect almost every startup in which l invest will fail.

I treat angel investments like donations, because even if they don't go to zero, I most likely would be better off financially by holding on to the bitcoin.

Chipotle has gone to shit. I haven’t been in maybe a year or more, and just walked in during the peak of dinner time and it’s dead empty (no customers). This location used to be packed always. The tables are all filthy. Bathrooms don’t have toilet paper. And it cost $45 for 2 burrito bowls and 2 kids meals. Sad.

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MEME SUBMISSION FORM 420-B HAS BEEN ISSUED 📑

Upload your last saved meme for immediate evaluation.

Winners will be zapped ⚡ Losers will be monetized by Meta 🧠

#MemeCheckpoint

down the street from my empty closet in chicago.

a sad sign of the times. America needs bitcoin to replace the dollar as the world reserve currency or the empire will fall

The day Microstrategy stops buying, we'll go to the moon.