Bitcoin governance enters uncharted territory as institutional adoption grows.

Can existing structures keep pace?⏳

🔸 Custodians/ETFs face governance bottlenecks

🔸 Key holders retain disproportionate influence

🔸 Protocol debates (opcodes?) loom

🔸 Decentralization faces critical tests

The most consequential governance challenges may still lie ahead. 📺 Full breakdown with @graminitha1 & @_dsencil. 👇