financial functionality
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X @Nick Szabo
Nick Szabo· 2025-11-02 13:49
RT Nick Szabo (@NickSzabo4)It can be slowed down, and if it is not slowed down in healthy ways by core, it will be slowed down in less healthy ways by other people. Whichever way, it will be slowed down and the legal attacks combatted. Bitcoin as a storage service for illegal content would severely damage its financial functionality in the long run. ...
X @Nick Szabo
Nick Szabo· 2025-10-03 06:33
RT Nick Szabo (@NickSzabo4)That is a consequence of not incentivizing non-financial content to be in its own bucket (or on another chain). If you mix your financial functionality with arbitrary content, which poses a far wider swath of legal risks and moral objections, it is going to stop being so functional. Since Core v30 is signaling an invitation to more rather than less use OP_RETURN for non-financial content, they are also inadvertently signaling that the financial functionality of OP_RETURN is deprec ...