Part 8/15:

He emphasized that the ultimate decision-making process is market-driven: miners, exchanges, developers, and users collectively determine what is adopted and supported, guided mainly by the principle of economic consensus.

The Dynamic and Evolving Nature of Bitcoin

Antonopoulos dismissed fears that Bitcoin is approaching an unrecoverable “dead end.” He pointed out that the system’s growth involves constant upgrades—serial “forks” and protocol improvements—that keep the network alive and evolving. Each cycle of debate and upgrade—be it block size increases, signatures, or other innovations—serves to extend its lifespan, much like internet infrastructure upgrades.