Samson Mow, a prominent figure in the crypto industry, recently expressed his views on the futility of traditional activism methods when it comes to Bitcoin. Mow emphasized that Bitcoin’s decentralized nature renders it impervious to lobbying or manipulation, unlike centralized systems. His insights shed light on the unique characteristics of cryptocurrency and its resistance to external influence.
Mow elucidates that the Proof of Work mechanism mandates substantial effort for any substantial alteration in Bitcoin, necessitating activists to invest their resources in effecting change. Mow advocates for acquiring coding skills, comprehending the code, and proposing modifications through mailing lists as feasible avenues for driving change in Bitcoin.
In addition, Mow has put forth a recommendation to allocate resources toward the advancement of cutting-edge ASIC technology through research and development. Furthermore, investing in eco-friendly energy infrastructure is also a prudent move. Lastly, it is suggested that hosting Bitcoin miners at a cost lower than that of “dirty energy” would be a wise decision. These measures would enhance efficiency and promote sustainability in the long run.
Mow duly recognized that these alternatives demand substantial effort and investment. He underscored that any framework not founded on the Bitcoin protocol is bound to falter, underscoring the need to uphold the decentralized essence of the network.
Mow astutely notes that pursuing a more eco-friendly Bitcoin is a matter of perspective and that those who champion this cause must be prepared to allocate substantial resources toward achieving their goals. He posits that many advocates may voice their grievances without taking action.
Mow’s tweets serve as a poignant reminder of the decentralized nature of Bitcoin and the imperative of dedicating time and resources towards effecting significant changes within the network. His astute observations underscore the pressing need for a Bitcoin standard and the criticality of rendering the blockchain more ecologically sustainable.
