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Ep49: OP_CAT is bad, filters are useless, and MEV is inevitable w/ Post Capone
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There aren't that many good critics of OP_CAT left, so we asked Post Capone to provide his perspective. This conversation touches on tons of topics -- filters, ethereum/solana vs Bitcoin, witness discount, alternative bitcoin clients, and of course MEV.
Follow our guest: @p0stc4p0n3
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00:00 Intro
02:59 Recap on BitVM & Linus Interview
04:44 Bias and Analytical Neutrality
07:15 Bitcoin vs. Ethereum
10:11 ETH/BTC Ratio Call
11:42 Ethereum Market Dynamics
18:12 Free Market Ideology in Bitcoin
22:10 Ordinals and Satoshi Dice Comparison
28:05 Filtering Transactions & Censorship
30:15 Witness Discount Explanation
42:00 UTXOs
46:40 Alternative Bitcoin Clients
52:30 Soft Fork Necessity and Activation
55:06 Criticisms of OP_CAT
01:00:30 Constraining the Application Layer
01:02:45 Realities of Expressive Code & AMMs
01:12:10 Potential for Miner-Enforced Soft Fork
01:16:40 MEV Reality
01:28:17 Future of MEV and Order Types
01:33:10 Closing Thoughts and Future Predictions
48 episoade
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