Jim | #BIP110 | Bitcoin, not jpegs
@venorusprime
₿itcoin, not jpegs.
380 Following 1.2K Followers
Once it has been made clear that Bitcoin is a monetary network and not a data storage landfill then Bitcoin can get back to the business of separating money from state.
Run BIP110. Learn why and how:
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Game theory in action.
As we get closer to activation more Bitcoiners will come to understand the asymmetric bet at play here.
Signaling #BIP110# not only reorients #Bitcoin# to its monetary purpose and eliminates less than 1% of the block reward.
Refusal to signal risks losing an entire block.
Miners who are economically motivated will signal BIP110. Miners who see how spam is harming Bitcoin will signal BIP110.
Only those who are ideologically motivated to perpetuate spam will refuse. A very small minority of the network.
BIP110 is the obvious choice to make Bitcoin better money.
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