# Who Really Controls Bitcoin? | Bitcoin Mechanic Page: https://stenobird.com/podcast/what-bitcoin-did-255500/who-really-controls-bitcoin-bitcoin-mechanic Text version: https://stenobird.com/podcast/what-bitcoin-did-255500/who-really-controls-bitcoin-bitcoin-mechanic.md Podcast: [What Bitcoin Did](https://stenobird.com/podcast/what-bitcoin-did-255500) Published: 2026-05-26T16:00:27+00:00 Episode link: https://fountain.fm/episode/jwW1GharlFIpFO5pU398 Audio file: https://feeds.fountain.fm/UZSKQcrOnhqYS1JopxGg/items/ayVhfjDuoGeClkI78q5b/files/AUDIO---DEFAULT---65c72cee-13a1-43ac-9e71-5e032a23400a.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/what-bitcoin-did-255500/episodes/who-really-controls-bitcoin-bitcoin-mechanic Duration seconds: 5540 ## Resource “Whoever blinks first wins.” Mechanic joins me to discuss the controversial BIP110 proposal, the fight over spam and inscriptions, and whether Bitcoin users can force a consensus change without support from the major mining pools. We get into miner power, node enforcement, UASF game theory, soft forks, and whether Bitcoin is drifting away from its original purpose as money. Mechanic argues that Bitcoin’s strength comes from ordinary users enforcing the rules, not corporations, exchanges, or miners. THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny Bitcoin Mechanic: https://x.com/GrassFedBitcoin ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/what-bitcoin-did-255500/episodes/who-really-controls-bitcoin-bitcoin-mechanic/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/what-bitcoin-did-255500/who-really-controls-bitcoin-bitcoin-mechanic.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.