{"id":90545,"date":"2025-02-04T03:12:53","date_gmt":"2025-02-04T03:12:53","guid":{"rendered":"https:\/\/neclink.com\/index.php\/2025\/02\/04\/the-cowboy-is-off-the-reservation\/"},"modified":"2025-02-04T03:12:53","modified_gmt":"2025-02-04T03:12:53","slug":"the-cowboy-is-off-the-reservation","status":"publish","type":"post","link":"https:\/\/neclink.com\/index.php\/2025\/02\/04\/the-cowboy-is-off-the-reservation\/","title":{"rendered":"The Cowboy Is Off The Reservation"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<figure>\n<p>                        <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEyMjc3MDgzMDMwNjkzNTA0\/takes-banner.png\" height=\"91\" width=\"1200\"><\/p>\n<\/figure>\n<figure>\n<p>                        <img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA5NjU2NjgxMzM5MDM2ODMy\/screenshot-2024-09-30-at-11959pm.png\" height=\"800\" width=\"824\"><\/p>\n<\/figure>\n<p>I just sat down and watched <a href=\"https:\/\/www.youtube.com\/watch?v=TUO10-HcdvY\">this debate<\/a> between Jimmy Song and Jameson Lopp on Bitcoin ossification. I don\u2019t even know where to start as far as the absurdity and broken \u201clogic\u201d in every argument Jimmy made in this debate. So I won\u2019t try, I will focus on one specific line of argumentation he made. <\/p>\n<p>\u201cMoney shouldn\u2019t change, it should be predictable.\u201d <\/p>\n<p>He specifically spoke along these lines in regards to \u201cletting things mature\u201d in this space from a technical point of view, and implicitly stating that upgrades to Bitcoin \u201cpulls the rug out from under\u201d existing developers building things. <\/p>\n<p>Does Jimmy not understand how Bitcoin upgrades work? We have been using softforks for over a decade <em>specifically to address the concern of backwards compatibility<\/em>. i.e. being able to say with 100% certainty that everything that has been built to date will continue functioning in exactly the same way. All upgrades to Bitcoin are opt-in, everything that existed prior will work just fine and nothing needs to be changed to support new functionality if a developer or user doesn\u2019t want to. <\/p>\n<p>There is zero technical basis to Jimmy\u2019s statements or arguments along these lines whatsoever. New functionality enabling the construction of new protocols or tools does nothing whatsoever to inhibit the continued functioning of pre-existing systems. <\/p>\n<p>So what is he saying? To me it essentially sounds like an argument for economic protectionism. There is zero threat, risk, or problem created for pre-existing systems after an upgrade except for the possibility that superior systems could be constructed after an upgrade and users would choose to use those instead. That is the only coherent argument to be drawn out of those statements. <\/p>\n<p>So are we seriously at the point where \u201cpro-ossificationists\u201d are arguing for protectionist decision making for existing investments in current layers and systems? <\/p>\n<p>Watch for yourself and decide: https:\/\/www.youtube.com\/watch?v=TUO10-HcdvY<\/p>\n<p><em>This article is a <\/em><em><a href=\"https:\/\/bitcoinmagazine.com\/takes\/bitcoin-magazine-introduces-opinion-takes\">Take<\/a><\/em><em>. Opinions expressed are entirely the author&#8217;s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.<\/em><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/takes\/the-cowboy-is-off-the-reservation\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I just sat down and watched this debate between Jimmy Song and Jameson Lopp on Bitcoin ossification. I don\u2019t even know where to start as<\/p>\n","protected":false},"author":1,"featured_media":90546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[151],"tags":[],"class_list":["post-90545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/90545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/comments?post=90545"}],"version-history":[{"count":0,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/90545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media\/90546"}],"wp:attachment":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media?parent=90545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/categories?post=90545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/tags?post=90545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}