Most institutional Bitcoin
Thorn shared his view in a post on X after running a small survey with 25 institutional clients.
In that group, 46% said they knew nothing about the debate. Another 36% said they were unsure about it or did not have a strong opinion. The remaining 18% supported the position held by Bitcoin Core.
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Thorn explained that these results match what he hears in private conversations with other major market players.
The disagreement began after the release of Bitcoin Core v30. Some critics argued that the update makes it easier for people to add non-financial data to the blockchain.
Supporters of Bitcoin Knots believe the system should block this type of activity to lower the risk of misuse.
On the other hand, Bitcoin Core developers warn that restricting any valid transactions could create confusion, divide the network, and conflict with long-standing principles of open participation.
They argued that the system should treat all valid transactions the same, even if some people dislike certain uses.
In a post on X, Thorn said that most institutions, service providers, and even public officials he speaks with do not view the issue as serious.
Nick Szabo, a figure in Bitcoin’s early development, recently shared his thoughts on the blockchain’s vulnerability to legal interference. What did he say? Read the full story.
