NVK of Coinkite rejoins me to talk about attitudes on Bitcoin development and consensus changes. We discuss how “ossification” is commonly thrown around as a term, but maybe there is a better term. “Extreme conservatism”? We talk:

• What is ossification?
• What about bug fixes?
• What changes would NVK be interested in?
• How many people will use Bitcoin?
• What the market is focused on
• It’s not your chain

Links:

• X: @nvk
• Bitcoinsecurity.guide
• coinkite.com
• Unleashed.chat

Timestamps:

(00:00) - Intro

(00:52) - Ossification and gardening

(06:06) - Where are the ossifiers?

(09:03) - Fixing bugs on the Bitcoin protocol

(17:13) - Assessing BIPs & change proposals

(23:53) - NVK on Bitcoin as SOV and/or MOE

(31:47) - Sponsors

(34:58) - “USD is the best shitcoin”

(37:32) - The fate of other blockchains

(45:41) - Putting Bitcoin on a pedestal?

(49:32) - Gresham’s Law in context of Bitcoin

(51:34) - Future path for Bitcoin

(57:27) - Outro

Sponsors:

• Swan.com (code LIVERA)
• CoinKite.com (code LIVERA)
• Mempool.space

Stephan Livera links:

• Follow me on X: @stephanlivera
• Subscribe to the podcast
• Subscribe to Substack