"are precisely the problem" - by definition, there is no precise-ness to our assumptions about the future. Introducing new incentives for actors in this ecosystem in a hurried and contentious way, and not mitigating the risks of those changes, based upon something we do not "know" will happen is where the market has chosen thus far to draw the line. View quoted note →

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Where are people suddenly getting this “hurried and contentious” thing? Paul has been talking about this for well over half of Bitcoin’s existence. I think people are just turning away from any uncomfortable discussion of security budget by saying “well nobody knows”