Damus
The Commoner · 11w
If all that is inscribed is value…. That which is built on the timechain…. That is most aligned with the value it hold…. Those additional layers or second, third, fourth…. order effects. Thos...
Kyma Fi profile picture
lol explain to me how a monkey jpeg performing an disgusting act being inscribed onto the chain has value? Cause that’s what happened. That’s what Core allowed to be inscribed. Over and over again. 70% of blocks are now non monetary.

Or what about dog$ coin? A meme coin built on Bitcoin, inscribed into the ledger to scam people. It provides zero value. It’s not money. And it’s a security risk to the network.

What you just posted is a bunch of nonsense. Run a node and verify for yourself what is actually happening. Cause prentending everything inscribed into BTC is value is complete ignorance and extremely foolish. That’s not how decentralization works.

The nodes run the network and decide what bitcoin is. And it’s money. Not jpegs. Not scam tokens. Not Data storage.
1
The Commoner · 11w
How many jpegs of monkeys doing whatever do you think people will pay for when block space becomes more and more expensive? Bitcoin is going to do what it is going to do. I run a node