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But we saved everything 🙂.
David Bailey comments on the current BIP110 debate, suggesting that traditional Wall Street institutions do not fully understand how Bitcoin governance functions, specifically referencing the complexity of cash-settled Bitcoin futures traded on CME and their settlement mechanisms.
He argues that regardless of whether traditional finance adapts or not, it remains locked into the evolving dynamics of Bitcoin’s governance model.
Bailey previously highlighted the failed BIP-110 takeover attempt as a positive sign for Bitcoin, detailing a prolonged developer-led campaign. In recent coverage, he reported STRC trading at $75 and MSTR at $85, with Bitcoin holding steady at $59,500 during a period of price stability. These updates provide context to his ongoing commentary on Bitcoin governance and market reaction.