
Bitcoin Core’s Identity Crisis
By Chris Fisher
Aired Apr 30, 2025 · 58m · Last boosted May 9, 2025
Chapters
Show Notes
A battle is raging over Bitcoin’s future—should it stick to finance, or allow data of all kinds? Inside the debate over blockchain limits, and the recent controversies denting Bitcoin’s image. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling LINKS: Remove arbitrary limits on OP_Return outputs by petertodd · Pull Reques...
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Episode Boosts
Every boost sent to this episode, as published to Nostr, newest first.
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Thanks for the good coverage of what's going on in btc core. This is the sort of episode I appreciate with the show
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Getting reports of boosts failing from Fountain.fm, so test boooost/zaaap!
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I think Bitcoin still has a perception issue. Most folks I talk to think of it as a scam or not real (in a currency sense). Those I hear talk about it tend to be fairly libertarian or they're distrustful of the current financial systems brokeness / inequalities. Most people will follow the financial advice of societal norms (savings, stocks, etc) and by the time that norm changes the majority of Bitcoin will be owned by banks / companies. As they can afford the risks of non-trad finance systems and reg folks, who can't take that risk (financial or perceptual), will be too late to reap the goals currently touted.
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Going to miss the show next week for sure. Oh and.... BOOSTY McBOOSTERSON!
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Thanks, Chris!
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Song boost
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Bitcoin adjacent products are mainly there for institutions that can't hold Bitcoin directly or for tax "advantaged" 401ks/IRAs held by us wage-slaves. When I'm getting %6 match from my employer you better believe I'm putting all that towards Bitcoin ETFs or MSTR. So long as the fiat gains track with Bitcoin AND the system doesn't blow up, there's a good path to one day cash that out and convert into Bitcoin, then live off it by using BTC-backed loan products, inflating away the fiat debt so long as BTC CAGR outpaces the interest. Of course, all other take-home pay goes directly into BTC. These products have their niche, and I think that's what Saylor and Mallers are tapping into
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Boosting the tunes
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Hey Chris, appreciate your take on the bitcoin core situation. I think bitcoin mechanic lays out a pretty strong argument against the op_return change. Just because some spam gets into my email inbox doesn't mean we should remove spam filters. The vast majority of node operators are in bitcoin for its use as money. Bitcoin core shouldn't bend over backwards to enable etherium-like uses for bitcoin if that will incentivize fewer people to run nodes and lead to more centralization. At the very least this should be a user configurable setting. https://youtu.be/15biQH1H140?si=KAlpK3Zwn9STO8Ql
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Thanks Chris. Will miss your update next week. Come back soon!
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The question is, do the Bitcoin Core developers now control Bitcoin? They sure think so -- they've locked discussion and are saying that if you haven't contributed code to Core then your opinion isn't even going to be considered. But Bitcoin is not an oligarchy. Node operators ultimately decide what is appropriate for Bitcoin, not a Core developer. I switched to Knots. Anyone who is monetarily supporting Core devs should seriously reconsider their support.
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Haven’t boosted in a while so here’s some to help with the lack of an episode next week.
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Love the old school Metroid vidogame music samples. Tastes like childhood.
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I’m a libertarian to my core but credit where credit is due… no way Trump got a C+ that was a solid B+ compared to any other president (so perhaps on a curve…). Also keep BTC financial, don’t entertain a hard fork over wanting to add in additional data that will just clog nodes
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Sorry I haven't boosted in a while! Haven't missed an episode but just didn't top off my wallet for a while. I linked my MiniBits eCash wallet to Nostr account on amethyst and zapped you there last week. I'm a little nervous about Trump's embracing of Bitcoin and what that might do to its brand. The SBR is nice validation and should pump the bags, but I'm fearful it turns into a partisan issue. I would much prefer a more organic approach maybe with these state bills gaining more traction. Anyway, great episode!
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Fuck spammers
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Great afternoon update today
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I was following that on GitHub, but wasn't sure what to think l. Thanks for your insights. Bitcoin University has a good take as well on this today.
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Fresh episode! This one is mostly my take on the Bitcoin Core drama/arbitrary data storage battle that really heated up this week.





















