this post was submitted on 10 Jun 2025
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Bitcoin dev pushes controversial update to lift ceiling on nonfinancial transaction data (www.dlnews.com)
submitted 1 week ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 2 days ago

Such a bad idea.

[–] [email protected] 1 points 5 days ago

This guy does not belong in the bitcoin code. He should just start a new coin, and Mara can mine it.

[–] [email protected] 5 points 1 week ago* (last edited 1 week ago) (2 children)

Bitcoin Core (BTC) has been hijacked to prevent it from competing with fiat. That is why transactions are slow, expensive, and unreliable.

Some people tried to hopelessly push back against this but the Core devs decide what goes in and no one else.

Mechanic @ BTC SPAM debate - "I feel like I am taking crazy pills" - https://realbitcoin.cash/post/100363

[–] [email protected] 3 points 1 week ago

Preach! My friend, preach!

[–] [email protected] 1 points 1 week ago (1 children)

purist opposition to this push is to keep it that way. instead of nft/meme coins it could enhance layer 2 stuff.

[–] [email protected] 1 points 1 week ago* (last edited 1 week ago)

You need to have a fully functional layer 1 before you even think about layer 2. BTC is a lost cause.

Bitcoin Cash (BCH) has instant reliable and cheap transactions on layer 1 and it has smart contracts which allows for NFT/memecoins.

This is because it follows the original vision of bitcoin, which can do everything all other coins do and maintain proper decentralization if engineered properly.