The Bitcoin Scaling Dilemma with Shinobi

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/the-bitcoin-scaling-dilemma

“If we stop changing Bitcoin right now there is no way that even 1% of 1% of the planet will be able to afford to actually hold their own keys, to actually sovereignly control their own bitcoin, and everybody else it’s just pick your custodian, pick who you trust to hold your bitcoin for you.”
— Shinobi

Shinobi is a pseudonymous Bitcoin educator and the technical editor at Bitcoin Magazine. In this interview, we discuss scaling bitcoin in a self-sovereign way, covenants, OP_CAT and Bitcoin development culture & risks.

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TIMESTAMPS:
00:00:00 UTXO sovereignty
00:09:50 Scaling with Covenants
00:23:44 How Covenants work
00:34:17 CTV & activating Bitcoin upgrades
00:50:12 Bitcoin developer risks; OP_CAT
01:00:25 Better Bitcoin development?
01:10:55 Ossification vs scaling sovereignt

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