Bitcoin governance enters uncharted territory as institutional adoption grows.
Can existing structures keep pace?⏳
🔸 Custodians/ETFs face governance bottlenecks
🔸 Key holders retain disproportionate influence
🔸 Protocol debates (opcodes?) loom
🔸 Decentralization faces critical tests
The most consequential governance challenges may still lie ahead. 📺 Full breakdown with @graminitha1 & @_dsencil. 👇
From X
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