Forrest
@ForrestHODL
I talk about the end of fiat on YouTube @ForrestHODL
Co-Host of @maplebitcoin
Filter the noise and get just the Bitcoin signal at The HODL Report
Joined February 2020
1.1K Following 5.8K Followers
This perfectly articulates the balances of power in the Bitcoin network and the dynamics between them.
A hard lesson to learn the wrong way.
2017 taught us that miners alone don't dictate protocol changes.
2026 taught us that nodes alone don’t dictate what gets mined.
Bitcoin consensus is a Mexican standoff between developers, miners, node runners, and economic actors. Each can resist, none can unilaterally rule. Everyone tugs in their preferred direction, but ultimately has to convince enough of the others that moving with them is better than standing still or being left behind. Going rogue solo is always a sure fire way to fork yourself of the network.
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