BIP-110 Hang Out Before Activation
Ideas to take with you.
- 01
Soft-fork activation is only the surface event – the deeper question is which narrative will be constructed after, since both sides have pre-committed to their reading of any outcome.
- 02
Miner game theory around signaling bits is asymmetric: once any single major pool moves, front-running cascades, so the interesting question is why the majors have not moved yet.
- 03
Whether the incumbent chain is 'captured' or the reform movement simply lacks critical economic weight cannot be resolved from where we sit – both explanations remain live after the fact.
- 04
Visible chaos in Bitcoin is the mirror of fiat's suppressed chaos – the same tensions exist in both systems, but only one lets participants see and resolve them in the open.
- 05
Decentralization is not the natural state of human systems – it requires continuous active pressure against a default tendency toward hierarchy and capture.
