According to @adam3us, mining pool centralization makes it possible to secure miner agreement on policies even when those policies go against miners’ financial interests, highlighting a governance pressure point in Bitcoin’s transaction selection process, source: Adam Back on X, Sep 26, 2025, https://twitter.com/adam3us/status/1971683028834378035. According to @adam3us, the same pool centralization is a material risk to Bitcoin’s censorship resistance, elevating the importance of decentralizing transaction selection at the pool layer, source: Adam Back on X, Sep 26, 2025, https://twitter.com/adam3us/status/1971683028834378035. According to @adam3us, this risk should be addressed with sv2 and datum to reduce pool-driven policy control, directing market attention to mining protocol upgrades and their adoption, source: Adam Back on X, Sep 26, 2025, https://twitter.com/adam3us/status/1971683028834378035. According to @adam3us, traders focused on BTC network-level risks should monitor developments around sv2 and datum and any signals of shifting miner or pool behavior that may impact transaction inclusion policies, source: Adam Back on X, Sep 26, 2025, https://twitter.com/adam3us/status/1971683028834378035.