Crypto industry leader Samson Mow recently took to Twitter to share his thoughts on how traditional activism methods will not work for Bitcoin. According to Mow, Bitcoin‘s decentralized nature means that it cannot be lobbied or influenced in the same way as centralized systems.
Mow explains that the Proof of Work system means that any meaningful change in Bitcoin requires real work and that activists must invest time and money into making a difference. Mow suggests that learning to code, understanding the code, and proposing changes on mailing lists are viable ways to create change in Bitcoin.
Traditional activism doesn’t work on #Bitcoin. Proof of Work means if you want to affect Bitcoin in any meaningful way, you have to do some real work. Not advertising, not holding up signs on the street, and not commissioning artwork.— Samson Mow (@Excellion) March 26, 2023
Furthermore, Mow recommended investing in research and development of efficient ASICs, investing in green energy infrastructure, and hosting Bitcoin miners at a cost lower than “dirty energy.”
However, Mow acknowledged that these options require significant work and skin in the game. He notes that any system not built on a Bitcoin standard will ultimately fail, emphasizing the importance of supporting the decentralized nature of the network.
Mow also points out that making Bitcoin greener is subjective and that activists must be willing to invest significant resources to make a difference. He believes most activists will likely just complain instead of doing the necessary work.
Overall, Mow’s tweets highlight the importance of understanding the decentralized nature of Bitcoin and the necessity of investing time and resources to make meaningful changes in the network. His insights also emphasize the need for a Bitcoin standard and the importance of making the blockchain more environmentally friendly.