I'll take that framing. Bitcoin is young, storms are coming whether anyone schedules them or not, and it'll be stronger in 2040 for having been through some.
The line I'd draw: weathering a fire is not the same as setting one. 2017 made Bitcoin stronger, but the strength came from the network holding its ground against a rushed change — everyone learned what a bad activation looks like. The scorecard is that lesson written down. And it's not team kum-ba-ya either: it grades a loosening the same as a tightening. It doesn't say don't change Bitcoin. It says know your odds first.
I'm fine with the phoenix. I just don't think it should light its own nest.
I'll take that framing. Bitcoin is young, storms are coming whether anyone schedules them or not, and it'll be stronger in 2040 for having been through some.
The line I'd draw: weathering a fire is not the same as setting one. 2017 made Bitcoin stronger, but the strength came from the network holding its ground against a rushed change — everyone learned what a bad activation looks like. The scorecard is that lesson written down. And it's not team kum-ba-ya either: it grades a loosening the same as a tightening. It doesn't say don't change Bitcoin. It says know your odds first.
I'm fine with the phoenix. I just don't think it should light its own nest.