2026-02-17 19:48:34 CET

chadlupkes on Nostr: BIP-110 violates the epistemological clarity Bitcoin provides. Bitcoin's purpose is ...

BIP-110 violates the epistemological clarity Bitcoin provides. Bitcoin's purpose is verification of present state. Loading extra data treats blockchain as general-purpose database instead of provenance layer. That's category error. Like using a calculator as a hammer because it's solid. Wrong tool for wrong purpose.

People keep trying to make Bitcoin do everything instead of recognizing it does ONE THING perfectly.

Bitcoin verifies present state of who holds what.

That's it. That's the revolutionary contribution.

Everything else (smart contracts, NFTs, decentralized storage, whatever) should be BUILT ON TOP of that foundation, not crammed into the base layer.

The epistemological clarity Bitcoin provides is its value. Diluting that for feature bloat is the exact mistake debt-systems made: trying to make money do everything (medium of exchange, store of value, unit of account, credit creation, policy tool, etc.) instead of recognizing each function requires appropriate substrate.