"In this X post, I said I don't know the consequences of BIP-110. Plenty of people called that incompetent, cowardly, or both. Others praised it as humility. It's neither. It's just true. I don't know the consequences, and here's my claim. Neither do you."

~ Jimmy Song

I am reading Jimmy Song’s latest piece and things get a bit heated today. The debate around BIP-110 has everyone absolutely certain they know what will happen to Bitcoin. But as Jimmy points out, they don't. And honestly, neither do I.

Do we really understand the social consequences of these network changes?

Check out the original article: On Overconfidence by Jimmy Song (Link: https://x.com/jimmysong/status/2071637370881941750)

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"Let me never fall into the vulgar mistake of dreaming that I am persecuted whenever I am contradicted."

~ Ralph Waldo Emerson