Daniel Buchner: Why BIP 110 Cannot Stop Bitcoin Spam | SLP758

Buchner, known for his work on decentralized identity at Proof, brings a technical and game-theoretic lens to the debate over Bitcoin's monetary focus versus attempts to restrict arbitrary data. The conversation covers narrative shifts driving spam to Bitcoin, the limits of relay policy versus consensus rules, why the house analogy fails, economic node power over basement operators, and the lack of miner or buyer support that dooms the proposal. Timestamps: 01:31 — Locusts Flock to Bitcoin's Last Pasture 03:32 — Core Policy Tweaks Aren't Consensus Rules 08:44 — Spam Hides in Any Public Key or Hash<...