In a recent debate, Jimmy Song argued against Bitcoin upgrades, claiming they threaten the stability of existing systems. He emphasized the idea that 'money should be predictable' and suggested that such upgrades revamp the foundational structures developers rely on. However, this perspective neglects the role of soft forks, which ensure backward compatibility. Opponents argue that his stance resembles economic protectionism, designed to safeguard current investments rather than embrace innovation. This discourse raises significant questions about the balance between stability and progress within Bitcoin’s evolving framework.
Jimmy's argument suggests that upgrades to Bitcoin disrupt existing systems and developers, but this overlooks the benefits of soft forks that maintain backward compatibility.
The call for Bitcoin ossification may stem from a desire for economic protectionism against new protocols, which could foster competition among existing systems.
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