The Bitcoin Core vs Knots debate is heating up, but a majority of institutional Bitcoin investors are unaware or indifferent, according to Galaxy Digital’s Alex Thorn. The core issue is whether non-financial transactions should be excluded after the Bitcoin Core v30 update. Knots supporters argue against spam, while Bitcoin Core fears network fragmentation.

Thorn’s poll of 25 institutional Bitcoin investors revealed that over half are unaware of the debate, and the rest side with Bitcoin Core. Thorn believes the debate is a hypothetical problem with proposed solutions that do not address real issues. He insists that even if changes are adopted, they will not solve any problems.

Despite the small sample size of the poll, Thorn stands by its validity, stating that it aligns with his conversations with industry leaders. He emphasizes that even miners are not invested in the debate. Thorn anticipates three possible outcomes: the issue fades away, fear tactics harm Bitcoin adoption, or proposed changes are adopted but ultimately fail, damaging Bitcoin’s reputation.

A recent Bitcoin improvement proposal caused controversy over legal threats for rejecting a soft fork. Thorn predicts that the debate will result in one of three outcomes, with the worst being irreparable harm to Bitcoin adoption. He warns that scaring the world with fear of permissionless systems could be detrimental to the cryptocurrency’s future.

Read more at Cointelegraph: Institutions Show Little Concern Over Bitcoin Software Rift