The Bitcoin Scaling Conundrum Explored with Shinobi

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Shinobi, a Bitcoin educator operating under a pseudonym, serves as the technical editor at Bitcoin Magazine. In this conversation, we delve into topics such as scaling Bitcoin while preserving self-sovereignty, covenants, OP_CAT, and the culture and risks associated with Bitcoin development.

Shinobi emphasizes that should Bitcoin’s development cease now, the vast majority of people, potentially less than 1% of the population, would lack the capability to autonomously control their own keys and truly own their Bitcoin. Instead, they would be forced to entrust their Bitcoin to custodians or other trusted entities for safekeeping.

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