Watching the BIP 110 situation unfold has been so tragic and heartbreaking for me to watch. So many of my friends, people I can personally attest are die-hard bitcoiners, became devoured by their own bitcoin maximalism. I know them well. For them, their devotion to Bitcoin has always been intertwined with their own identity and self purpose. Bitcoin represented purity in a flawed world, and owning bitcoin made them feel a sense of righteousness and moral superiority. But a dilemma arose once they discovered bitcoin was actually full of impurities, aka inscriptions, and it led to a severe case of bitcoin derangement. They faced a choice: either accept that the "purity" was always just a mental abstraction they projected onto bitcoin, or double down and delude yourself further into believing the idealized version of bitcoin you had in your head was real, it was just Bitcoin Core v30 was the villain who took it away. Now, living under that delusion, they've positioned themselves as the saviors, fighting to restore a delusion that never actually existed. It's just sad.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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