In this episode, author of The Blocksize War Johnathan Bier joins the show to compare the ongoing dispute between Bitcoin Core and Bitcoin Knots with the 2015–2017 fork wars. We examine how both sides claim the "small-blocker" legacy, debate the role of fee markets and mining decentralization, and question whether Bitcoin should tolerate non-monetary data like Ordinals and inscriptions. Enjoy!

—

Follow Johnathan: https://x.com/jonathanbier

Follow Rizzo: https://x.com/pete_rizzo_

Follow Supply Shock: https://twitter.com/SupplyShockBW

Follow Blockworks: https://twitter.com/Blockworks_

Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx

Supply Shock Newsletter: https://blockworks.co/newsletter/supplyshock

Supply Shock Survey: https://bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6

—

Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFF

https://blockworks.co/event/digital-asset-summit-2025-london

—

Timestamps:

(00:00) Introduction

(02:35) Comparing Bitcoin Core & Knots to Block Size Wars

(09:07) Debating Fee Markets & Mining Decentralization

(34:32) Debating Spam, Blocksize & Bitcoin’s Use

(41:07) Relay Policies & Network Diversity

(45:21) The Role of Miners in Bitcoin's Future

(52:16) The Intolerant Minority & Bitcoin's Success

(58:39) Mining Centralization Concerns

(1:03:18) Final Thoughts

—

Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

#Bitcoin #Crypto #SupplyShock