David Bailey: Bitcoin has no king and needs no king

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Jose Antonio Gastelum

5 hours ago

David Bailey: Bitcoin has no king and needs no king — Bitcoin needs no king, says Bailey

David Bailey questions the direction of an individual referred to as BCHJr, suggesting this person is emulating Craig Wright.

Bailey emphasizes that Bitcoin operates without a central leader or figurehead, stating that Bitcoin has no king and does not need one.

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Bailey has previously highlighted the failed BIP-110 takeover, calling it a bullish sign for Bitcoin after a prolonged campaign by a developer. In other updates, he reported STRC trading at $75 and MSTR at $85 as Bitcoin held $59,500. His recent commentary continues a pattern of monitoring both governance developments and price activity in the Bitcoin ecosystem.

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