The Biggest Threat to Bitcoin | Jimmy Song
By Walker America
Aired Feb 6, 2026 · 1h 36m · Last boosted Feb 19, 2026
Chapters
Show Notes
What's the biggest threat to Bitcoin? Is it Quantum? Developers? BIP110? Governments? Or something else entirely… In this episode, I sit down with Bitcoin OG Jimmy Song for a nuanced conversation about the state of Bitcoin development and governance. We dive into his 2011 origin story, unpack the store of value vs medium of exchange debate, and explore why he believes ossification is actually better for Bitcoin than constant protocol changes. Jimmy pulls no punches on Taproot's broken promises, explaining why the UX realities never materialized despite developer optimism. We dig deep into the BIP 110 soft fo...
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Thank you to @npub1cj8znuztf… for this great interview of @npub102hlt959h… ! Love the nuance & deep knowledge Jimmy brought to the topics discussed. Kudos to both of you for your dedicated work! Highly recommended episode for anyone interested in #bitcoin and its past & current developments.
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Agree that people are way to certain about what will happen in the future. Some humility would be in order. "Life is uncertain, the future unknown. This is neither good nor bad. It just is, like gravity. Yet the task remains: how to master our own fate, even so." — Jim Collins & Mortin Hanson
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Thanks for the interview. I largely agree with Jimmy on almost all points, which is precisely why his final conclusion is hard to reconcile. He clearly understands the reasons for pursuing a fork and even acknowledges the upside of what is often framed as the strongest criticism of the BIP: that it makes future changes to Bitcoin harder. A stricter consensus reduces the risk of frequent or careless modifications and…
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Very good perspectives. Especially about finding out about minority fork, makes me still a bit uneasy thinking about that 😄 Seems Walker also came around from unconditionally following Core opinion. Biggest take: there is often nuance and seldomly just black and white.