So I was looking at what was being worked on in Bitcoin Core (I use a old version because I haven't bothered to update yet) and I was looking at the latest version and the up and coming stuff. What I found is pretty puzzling, yet im not surprised. I knew there were people trying to turn Bitcoin into a general purpose Ethereum-style shitcoin thing for years, but I always assumed cool heads would prevail and common sense would reject those things. Well it turns out this one now is picking some traction. They basically want to allow non-Bitcoin things into Bitcoin. I don't see what the benefits of doing this is. It will just bloat the blockchain. The point of Bitcoin is to move money from A to B, everything else is bloat. This is explained here:

https://github.com/bitcoin/bitcoin/pull/32359

I don't understand why these developers are risking it by playing with people's money. Why overcomplicate something that just should be as lean as possible and as simple as possible? You are supposed to keep the money safe, Bitcoin is not some toy app you can add "cool things" to it, this is like updating a nuclear reactor on the fly. You are playing with people's money, and you don't to gamble with people's savings, so anything added into the code that adds extra layers of complexity, anything that that isn't to guarantee everything remains stable and money to be able to move from A to B or to stay frozen for as long as the owner wants, does not do anything good for BTC. I wouldn't want to be the ideas guy that screws up Bitcoin eventually. All these innovations and ideas should be happening on top of Bitcoin, not on the Core. That should be the point of Bitcoin Core, remain the Core, stick to the basics, and do not add any complexity in the name of innovation. Bitcoin's value is because it's reasonable to expect that your money will not disappear in many decades, but at this rate if they keep adding a bunch of crap on top of the monetary use case, I don't see how you could trust this long term. I have not seen any convincing arguments as to why this is not the case at all. They always sound like developers having an ego trip about how their great idea must be merged into Bitcoin. Well good luck to them.

So I was looking at what was being worked on in Bitcoin Core (I use a old version because I haven't bothered to update yet) and I was looking at the latest version and the up and coming stuff. What I found is pretty puzzling, yet im not surprised. I knew there were people trying to turn Bitcoin into a general purpose Ethereum-style shitcoin thing for years, but I always assumed cool heads would prevail and common sense would reject those things. Well it turns out this one now is picking some traction. They basically want to allow non-Bitcoin things into Bitcoin. I don't see what the benefits of doing this is. It will just bloat the blockchain. The point of Bitcoin is to move money from A to B, everything else is bloat. This is explained here:

https://github.com/bitcoin/bitcoin/pull/32359

I don't understand why these developers are risking it by playing with people's money. Why overcomplicate something that just should be as lean as possible and as simple as possible? You are supposed to keep the money safe, Bitcoin is not some toy app you can add "cool things" to it, youthis is like updating a nuclear reactor on the fly. You are playing with people's money, and you don't to gamble with people's savings, so anything added into the code that adds extra layers of complexity, anything that added that isn't to guarantee everything remains stable and money to be able to move from A to B or to stay frozen for as long as the owner wants, does not do anything good for BTC. I wouldn't want to be the ideas guy that screws up Bitcoin eventually. All these innovations and ideas should be happening on top of Bitcoin, not on the Core. That should be the point of Bitcoin Core, remain the Core, stick to the basics, and do not add any complexity in the name of innovation. Bitcoin's value is because it's reasonable to expect that your money will not disappear in many decades, but at this rate if they keep adding a bunch of crap on top of the monetary use case, I don't see how you could trust this long term. I have not seen any convincing arguments as to why this is not the case at all. They always sound like developers having an ego trip about how their great idea must be merged into Bitcoin. Well good luck to them.

So I was looking at what was being worked on in Bitcoin Core (I use a very old version because I haven't bothered to update yet) and I was looking at the latest version and the up and coming stuff. What I found is pretty puzzling, yet im not surprised. I knew there were people trying to turn Bitcoin into a general purpose Ethereum-style shitcoin thing, but I always assumed cool heads would prevail and common sense would reject those things. WillWell it turns out this one now is picking some traction. They basically want to allow non-Bitcoin things into Bitcoin. I don't see what the benefits of doing this is. It will just bloat the blockchain. The point of Bitcoin is to move money from A to B, everything is bloat. This is explained here:

https://github.com/bitcoin/bitcoin/pull/32359

I don't understand why these developers are risking it by playing with people's money. Why overcomplicate something that just should be as lean as possible and as simple as possible? You are supposed to keep the money safe, Bitcoin is not some app you can add "cool things" to it, you are playing with people's money, and you don't to gamble with people's savings, so anything added into the code that adds extra layers of complexity, anything that added that isn't to guarantee everything remains stable and money to be able to move from A to B or to stay frozen for as long as the owner wants, does not do anything good for BTC. I wouldn't want to be the ideas guy that screws up Bitcoin eventually. All these innovations and ideas should be happening on top of Bitcoin, not on the Core. That should be the point of Bitcoin Core, remain the Core, stick to the basics, and do not add any complexity in the name of innovation. Bitcoin's value is because it's reasonable to expect that your money will not disappear in many decades, but at this rate if they keep adding a bunch of crap on top of the monetary use case, I don't see how you could trust this long term. I have not seen any convincing arguments as to why this is not the case at all. They always sound like developers having an ego trip about how their great idea must be merged into Bitcoin. Well good luck to them.

So I was looking what was being worked on in Bitcoin Core (I use a very old version because I haven't bothered to update yet) and I was looking at the latest version and the up and coming stuff. What I found is pretty puzzling, yet im not surprised. I knew there were people trying to turn Bitcoin into a general purpose Ethereum-style shitcoin thing, but I always assumed cool heads would prevail and common sense would reject those things. Will it turns out this one now is picking some traction. They basically want to allow non-Bitcoin things into Bitcoin. I don't see what the benefits of doing this is. It will just bloat the blockchain. The point of Bitcoin is to move money from A to B, everything is bloat. This is explained here:

https://github.com/bitcoin/bitcoin/pull/32359

I don't understand why these developers are risking it by playing with people's money. Why overcomplicate something that just should be as lean as possible and as simple as possible? You are supposed to keep the money safe, Bitcoin is not some app you can add "cool things" to it, you are playing with people's money, and you don't to gamble with people's savings, so anything added into the code that adds extra layers of complexity, anything that added that isn't to guarantee everything remains stable and money to be able to move from A to B or to stay frozen for as long as the owner wants, does not do anything good for BTC. I wouldn't want to be the ideas guy that screws up Bitcoin eventually. All these innovations and ideas should be happening on top of Bitcoin, not on the Core. That should be the point of Bitcoin Core, remain the Core, stick to the basics, and do not add any complexity in the name of innovation. Bitcoin's value is because it's reasonable to expect that your money will not disappear in many decades, but at this rate if they keep adding a bunch of crap on top of the monetary use case, I don't see how you could trust this long term. I have not seen any convincing arguments as to why this is not the case at all. They always sound like developers having an ego trip about how their great idea must be merged into Bitcoin. Well good luck to them.