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The Cowboy Is Off The Reservation

February 3, 2025
in Bitcoin
Reading Time: 2 mins read
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I simply sat down and watched this debate between Jimmy Music and Jameson Lopp on Bitcoin ossification. I don’t even know the place to start out so far as the absurdity and damaged “logic” in each argument Jimmy made on this debate. So I gained’t attempt, I’ll give attention to one particular line of argumentation he made.

“Cash shouldn’t change, it ought to be predictable.”

He particularly spoke alongside these strains with regard to “letting issues mature” on this area from a technical perspective, and implicitly stating that upgrades to Bitcoin “pulls the rug out from underneath” current builders constructing issues.

Does Jimmy not perceive how Bitcoin upgrades work? Now we have been utilizing softforks for over a decade particularly to handle the priority of backwards compatibility. i.e. having the ability to say with 100% certainty that every little thing that has been constructed thus far will proceed functioning in precisely the identical manner. All upgrades to Bitcoin are opt-in, every little thing that existed prior will work simply positive and nothing must be modified to assist new performance if a developer or person doesn’t need to.

There may be zero technical foundation to Jimmy’s statements or arguments alongside these strains by any means. New performance enabling the development of latest protocols or instruments does nothing by any means to inhibit the continued functioning of pre-existing methods.

So what’s he saying? To me it primarily feels like an argument for financial protectionism. There may be zero menace, threat, or drawback created for pre-existing methods after an improve aside from the chance that superior methods might be constructed after an improve and customers would select to make use of these as a substitute. That’s the solely coherent argument to be drawn out of these statements.

So are we critically on the level the place “pro-ossificationists” are arguing for protectionist choice making for current investments in present layers and methods?

Look ahead to your self and resolve: https://www.youtube.com/watch?v=TUO10-HcdvY

This text is a Take. Opinions expressed are completely the writer’s and don’t essentially replicate these of BTC Inc or Bitcoin Journal.



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