HardFork Mechanic On Why Self-Custody Is Meaningless Without Decentralized Mining | Bitcoin X Space

Aug 19, 2026 Original Video https://youtu.be/dr552e5dkpM An X Space compilation containing only Mechanic takes discussing the state of Bitcoin’s culture, the rejection of Bitcoin 10, the move toward a proof-of-work “power change” fork (Bitcoin Blake), mining centralization, merchant adoption, Lightning as a chain-agnostic payment rail, and a candid reassessment of Monero and privacy coins. Topics include why self-custody is irrelevant under centralized mining, the capture of compliant nodes and exchanges, the failure of the node-decentralization “line in the sand,” Datum and Ocean pooling, pruned vs. archival nodes for merchants, and the limits of financial privacy. Recorded via https://rexpaces.com ⏱️ Timestamps 00:00 Culture infested by people who don’t “walk the walk” 00:14 Self