Show Notes
On this episode of Hell Money, Casey Rodarmor tells the full story of his failed attempt to get the Ordinals BIP accepted into the Bitcoin repository - a three-year saga that ended in a silent rejection.
We break down what a BIP actually is and how Bitcoin’s governance process handled - or failed to handle - one of its most controversial proposals.
Topics covered: - What is a BIP and how the process works - What Ordinals actually are (sat tracking vs "assets") - The full Ordinals BIP timeline (2023–2026) - Casey’s technical, personal, and political grievances - BIP 110 vs Ordinals - A proposed reform plan for Bitcoin’s BIP process - Bitcoin governance and ossification risks
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TIMESTAMPS: 0:00 Intro, Casey is single 3:52 Ordinals BIP 20:00 Bad social politics incentives 25:15 Inscriptions BIP 28:30 Casey is demoralized 32:00 The Tyranny of Structurelessness 34:00 Bryan Bishop, Epstein files, and narrative control games 37:00 BIP 110 38:15 Blockstream & Bitcoin core, Bitcoin governance 43:25 Bitcoin is ossified, OP CTV 49:35 When is it clear that Bitcoin has failed? 58:00 Quantum threat & VC narratives 1:02:00 Casey's list of demands for BIP editors 1:10:45 It's so over, Maxi Madness
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