Bitcoin Core Dumpster Fire
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In this video, I summarize the last few years of Bitcoin Core history and the disastrous effect that it has had on Bitcoin.
Bitcoin Core has become a power grab and corrupt, inward-looking organization that needs to be broken apart and neutered, before it can do more damage to the network.
Not investment advice! Consult a financial advisor.
Another Bitcoin Core Smoking Gun
https://www.youtube.com/watch?v=ON8gnCYjd7g
Bitcoin Core changing definitions:
https://web.archive.org/web/20210101012433/https://github.com/bitcoin/bitcoin
https://github.com/bitcoin/bitcoin
Bitcoin Core's Original Sin
https://www.youtube.com/watch?v=hnNmI37dgXg
Since 2023 the Bitcoin blockchain grew 125 GB in data spam transactions and only 25 GB in native transactions:
https://x.com/Arthur_van_Pelt/status/1973587010633007597
37% of Bitcoin block space is now non-financial data (~0.58MB/block):
https://x.com/CunyRenaud/status/1983145630907203711
https://research.mempool.space/utxo-set-report/
More garbage on chain:
https://www.ord.io/
Bitcoin Core, Nepotism, and Commit Access
https://www.youtube.com/watch?v=sWq8t2utRHQ
Bitcoin Core lead maintainer has no problem with spam:
https://x.com/Cipherhoodlum/status/1973082777760219174
More Bitcoin Core dirty laundry coming:
https://x.com/1914ad/status/1973575831185432793
Bitcoin Core has become a skin suit:
https://x.com/CaminaDrummer4/status/1984239196014592092
"Official Bitcoin Core" has become itself the power grab:
https://groups.google.com/g/bitcoindev/c/hb39zFTnYLc
Bitcoin Core's fake decentralization:
https://x.com/mbronens/status/1972132199811240292
Where does the money go when you donate?
https://bitcoin.org/en/bitcoin-core/contribute/
Bitcoin Knots node count:
https://coin.dance/nodes/knots
BIP-444 soft fork proposal:
https://github.com/bitcoin/bips/pull/2017/files
Lots of conflicts of interest when it comes to protocol development:
https://x.com/GrassFedBitcoin/status/1984408686895456509
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Core
#Knots
Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky. Receive SMS online on sms24.me
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