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Bitcoin Maxi Warns BIP-110 Failure Could Mean the End of Permissionless Money

• Justin Bechler warns that the failure of BIP-110 could lead to Bitcoin being controlled by a "fiat funding apparatus," undermining its role as permissionless, censorship-resistant money.
• He argues that BIP-110 is essential to combat spam abuse and prevent centralization, claiming that its failure would allow Core developers to strip away node restrictions.
• The Bitcoin community remains divided on BIP-110, with mixed reactions ranging from support for the proposal to concerns about its potential consequences on wallet addresses and overall network centralization.

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