It is a bad idea. It is a bad proposal. It is a bad BIP and it is a horrible precedent.
Samson Mow: Why BIP 110 Will Fail & Bitcoin Will Melt Faces
Samson Mow joins Walker to break down the escalating controversy surrounding BIP 110, Bitcoin Core, OP_RETURN, spam filtering, and the difference between node relay policy and Bitcoin’s consensus rules. Samson explains why he believes BIP 110 attempts to force a rushed and contentious soft fork onto the network, lowers the threshold for future consensus changes, and could produce a short-lived minority chain with ins
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2 If you distill their whole argument, it's people are adopting Bitcoin and fees are too high 3 and babies are dying.
It's not something that you want to happen easily in a trillion dollar network 4 on its way to 10 trillion dollars.
It's designed to be the grenade on the floor and force people to 7 move to another room.
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If you distill their whole argument, it's people are adopting Bitcoin and fees are too high
and babies are dying. It's not something that you want to happen easily in a trillion dollar network
on its way to 10 trillion dollars. Nobody will take Bitcoin seriously. We'll see. I don't think
there's another chance. If this fails, no one's going to take this seriously again. This thing is
not designed to fail gracefully. It's designed to be the grenade on the floor and force people to
move to another room. Do you think that there is a risk of this soft fork becoming a hard fork?
I would say the likely outcome is that they will... We're going to go up with god candles and omega
Show notes & resources
Samson Mow joins Walker to break down the escalating controversy surrounding BIP 110, Bitcoin Core, OP_RETURN, spam filtering, and the difference between node relay policy and Bitcoin’s consensus rules. Samson explains why he believes BIP 110 attempts to force a rushed and contentious soft fork onto the network, lowers the threshold for future consensus changes, and could produce a short-lived minority chain with insufficient hash rate to survive.
Samson also compares the emotional arguments behind BIP 110 with those used during the Blocksize War, arguing that a desirable objective does not justify a dangerous technical solution. He discusses Bitcoin’s economic majority, miner signaling, the limits of node counts, the risks facing Lightning users and other network participants during a chain split, and why Bitcoin consensus must emerge slowly rather than being imposed through arbitrary deadlines.
Beyond BIP 110, Samson shares his bullish outlook for Bitcoin, explains why belief in the four-year cycle may have created a self-fulfilling selloff, and argues that exhausted sellers could set the stage for God candles and Omega candles. He also discusses the inevitability of large-scale fiat money printing, the upcoming rebuild of Aqua Wallet, and JAN3’s new nation-state Bitcoin adoption report and B20 country rankings.
