Bitcoin core developer Luka Dashjr expressed concern about the current state of the Bitcoin community, comparing it to the situation seven years ago during the Segwit update.
Segwit, a significant protocol upgrade aimed at improving transaction efficiency and reducing fees, was activated despite initial resistance from developers who felt miners should make decisions about such changes.
Dashjr highlighted a similar situation with proposed modifications to the Bitcoin spam filter, expressing frustration with the community’s passivity. He recently tweeted about the lack of active participation, suggesting that many users have become too passive or disgruntled.
He also stressed that Bitcoin, unlike centralized fiat currencies, should not rely on a centralized service team, but remain decentralized.
Dashjr’s call to action highlights the importance of active user participation to maintain Bitcoin’s decentralized principles.
7 years ago today, the #Bitcoin community activated Segwit, despite Bitcoin Core refusing to allow anyone other than miners to decide.
Today, we have a similar situation with updating spam filters. And sadly, the community has been largely too complacent – or brainwashed – to…
— Luke Dashjr (@LukeDashjr) August 1, 2024
The developer believes that users should make their own decisions and not depend on centralized authorities, which is in line with Bitcoin’s founding philosophy as a decentralized financial system.
Commerzbank, one of Germany’s largest financial institutions, is making a significant move into cryptocurrency by offering Bitcoin and Ethereum trading services to its corporate clients.
For the first time in 4 years, Fed cut the rates for the first time in 4 years, which lead to a notable surge in cryptocurrency prices.
Donald Trump, the Republican presidential nominee, made headlines by becoming the first former U.S. president to make a Bitcoin transaction.
Under President Nayib Bukele, El Salvador remains committed to its daily Bitcoin acquisition strategy, currently holding assets worth approximately $354.6 million.