Post
Topic
Board Bitcoin Discussion
Re: Is it okay for Bitcoin Core development to be funded by Banks?
by
Despairo
on 02/02/2024, 04:16:31 UTC
Funding Sources for Bitcoin Core Development

Several organizations and companies contribute to the funding of Bitcoin Core development, including Square Crypto, Chaincode, MIT DCI, Blockstream, Gemini, Coinbase, BitMEX, Hardcore Fund, and other notable contributors.
Bitcoin Core have been funded by many companies, so if there's a new company want to fund them, I don't think it's gonna make any difference.

I think, as long as there's no pool has more than 50% hashrate, it's still safe.

institutions know they cannot get middlemen commission from the network itself (unless they run mining equipment)
so they want to make bitcoin annoying to use so that people revert to using centralised services and subnetworks that involve middlemen
In what way the institutions make Bitcoin annoying to use? is there a site that show who make the most transactions everyday? I never heard it. To me, it's more like a conspiracy, it's not the institutions make Bitcoin fee become high, but most people don't mind to become a product.