# Read_947 - On Overconfidence

Page: https://stenobird.com/podcast/bitcoin-audible-1000839/read-947-on-overconfidence
Text version: https://stenobird.com/podcast/bitcoin-audible-1000839/read-947-on-overconfidence.md
Podcast: [Bitcoin Audible](https://stenobird.com/podcast/bitcoin-audible-1000839)
Published: 2026-06-29T23:40:51+00:00
Episode link: https://feeds.fountain.fm/jju8hH7aXnP0afzXN7GS/items/1T1JEue8RmjHyPMjtaEf/files/AUDIO---DEFAULT---2097edee-ef41-46ce-a23e-137e0023a48a.mp3
Audio file: https://feeds.fountain.fm/jju8hH7aXnP0afzXN7GS/items/1T1JEue8RmjHyPMjtaEf/files/AUDIO---DEFAULT---2097edee-ef41-46ce-a23e-137e0023a48a.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/bitcoin-audible-1000839/episodes/read-947-on-overconfidence
Duration seconds: 2490

## Resource

"In this X post, I said I don't know the consequences of BIP-110. Plenty of people called that incompetent, cowardly, or both. Others praised it as humility. It's neither. It's just true. I don't know the consequences, and here's my claim. Neither do you." ~ Jimmy Song I am reading Jimmy Song’s latest piece and things get a bit heated today. The debate around BIP-110 has everyone absolutely certain they know what will happen to Bitcoin. But as Jimmy points out, they don't. And honestly, neither do I. Do we really understand the social consequences of these network changes? Check out the original article: On Overconfidence by Jimmy Song (Link: https://x.com/jimmysong/status/2071637370881941750 ) Host Links ⁠⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney ) Guy on X ⁠(Link: https://twitter.com/theguyswann ) Guy on Instagram (Link: https://www.instagram.com/theguyswann ) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann ) Guy's Takes on YouTube (Link: https://www.youtube.com/@GuysTake ) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann ) Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible ) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839 ) Check out our awesome partners! Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy ) Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard ) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1 ) "Let me never fall into the vulgar…

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## Transcript

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