
Leering Observer
8.4K posts

Leering Observer
@LeeringObserver
Enjoying the Bacchanal 🍷 On a Bitcoin standard. Polymath in the Shadows.







I'm pretty sure BIP110 activiation is going to be a max pain scenario for all: It intially fails to get majority miner support and appears to be dead on arrival but still moves forward with getting a few blocks mined. It looks like it failed. Most people sell their BIP-110 coins when they eventually get listed on small exchanges. Months later someone actually puts illegal content in a block on the legacy chain or there is some other major issue b/c of SPAM on the chain. Hashpower switches immediately to BIP-110 and everyone then realizes holding legacy Bitcoin is doomed and it goes effectively to zero as we get closer to BIP-110 wiping out the legacy chain.





hang this in the louvre

















