Lyn Alden: BIP 110 Could Trigger August Bitcoin Chain Split | SLP757 — Key Takeaways
YouTube
Lyn Alden: BIP 110 Could Trigger August Bitcoin Chain Split | SLP757
Stephan Livera1h 1mJul 22, 2026
Watch the originalBitcoin's BIP-110 fork is likely a minority attempt heading toward a chain split around August 9th, with miner hash rate signaling currently very low and no major exchange willing to list BIP-110 coin.
Key takeaways
Bitcoin's hardest-to-change property is its best defense — for all sides
Bitcoin's hardest-to-change property is its best defense — for all sides
- Alden: even if you favor a fork, the same friction that blocks your fork blocks forks you oppose.
- Minority fork signals (low hash rate, no large exchange support, ~3 BTC of prediction market liquidity) look nothing like 2017's BCH split.
Orange Juice: buy cash-flowing SMBs, hold forever, stack Bitcoin with operating profits
Orange Juice: buy cash-flowing SMBs, hold forever, stack Bitcoin with operating profits
- Unlike PE, no leverage against the Bitcoin treasury — interest expense must be covered multiple times by operational cash flows of non-Bitcoin businesses.
- Targets Bitcoin-aware business owners who want liquidity without selling outright; can receive equity in the parent vehicle instead of pure cash.
BIP-110 rearranges where non-monetary data sits; it doesn't stop spam
BIP-110 rearranges where non-monetary data sits; it doesn't stop spam
- Lynn Alden: even the BIP itself admits its limited effectiveness at stopping spam — proponents' marketing overstates the technical reality.
- The fork's main cultural function is as a Schelling point, not a technical solution.
This Dig holds 4 more insights, 4 flashcards, and 3 quotes — free in Homestake.
Unlock this Dig freeFree forever · No credit card required
In this video
- 1mBIP 110 Fork Risk and Cultural Moment
- 2mBIP 110 Won't Stop Spam
- 5mBitcoin Faces August Chain Split Risk
- 12mBitcoin in Bottom Decile of Cycle
- 16mNothing Stops This Fiscal Train
- 18mWhy Volcker Can't Work Today
- 22mHigher Rates Won't Break the System
- 25mNet Issuance Matters, Not Gross Refi
- 28mFed Balance Sheet Stays Flattish
- 33mBroad Money Grows Despite Flat Fed
- 36mUS Money Supply Growth Hits 5-8%
- 39mFiscal Dominance: Who Wins the Money?
- 42mWhy Semiconductors Print Money
- 45mSoftware Stocks: Value Trap or Opportunity?
- 48mAI Is the New Dot-Com Bubble
- 52mOrange Juice: Bitcoin-Backed Business Buyer
- 58mPermanent Capital Vehicle, Not a Fund
- 60mFounders Keep Equity Upside After Sale
“Sometimes things can't be settled with talk. Sometimes they have to be settled with action and just market attempts.”
This page is a partial, transformative summary produced by Homestake. All rights to the original content remain with its creator — please support them at the source link above.
