BitcoinForTheArts on Nostr: Hodlers are not enough. BIP-110 stalled after two blocks. Adam Back was right about ...
Hodlers are not enough.
BIP-110 stalled after two blocks. Adam Back was right about the reason: economic users control the protocol through the market — not nodes with no economic weight.
The problem is that “economic user” has slowly been narrowed to mean exchanges, custodians, and large treasuries. The rest of us — the people who already own most of the Bitcoin — are treated as mostly irrelevant.
Holding sats preserves value.
Using them creates influence.
Paying artists in Bitcoin is not just patronage. It is one of the few remaining ways ordinary people can still become real economic participants on the network.
New piece from Bitcoin For The Arts:
https://bitcoinforthearts.substack.com/p/hodlers-are-not-enough 
Published at
2026-08-10 11:26:20 UTCEvent JSON
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"content": "Hodlers are not enough.\n\nBIP-110 stalled after two blocks. Adam Back was right about the reason: economic users control the protocol through the market — not nodes with no economic weight.\nThe problem is that “economic user” has slowly been narrowed to mean exchanges, custodians, and large treasuries. The rest of us — the people who already own most of the Bitcoin — are treated as mostly irrelevant.\n\nHolding sats preserves value.\nUsing them creates influence.\nPaying artists in Bitcoin is not just patronage. It is one of the few remaining ways ordinary people can still become real economic participants on the network.\n\nNew piece from Bitcoin For The Arts:\nhttps://bitcoinforthearts.substack.com/p/hodlers-are-not-enough\n\nhttps://image.nostr.build/3d8687a3490b173ab9c62e7c05f3bd2ce5d535104183352f33d8617523dc90d1.jpg",
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