Damus
Ben Justman🍷 · 25w
Genuine question: Why worry about spam on Bitcoin when natural incentives will eliminate it eventually?
VarMur profile picture
Spam is any information in the chain that isn’t monetary. Since bitcoin dematerialises money to information, there is no way to stop arbitrary information on chain.

Relying on “good” behaviour isn’t what bitcoin is about, it’s about relying on “self-interested” behaviour. If illegal information on chain could stop bitcoin, it never could work anyway.

I’m glad that this is the biggest thing we’re quibbling about. I’m also glad that Knots is gaining so much traction, it shows us that Core doesn’t have any power. Bullish.
❤️1