Damus
Bitman · 42w
The OP_RETURN drama just shows how MANY people don’t understand the basics of how #Bitcoin works. Spoiler: you can’t stop arbitrary data storage on the timechain. Trying to do so might even make t...
Lunchnet profile picture
So your argument is nobody uses the chain so we need to remove filters to make way for these new L2s? Doesn't make sense. Plus you can just hash things into the existing 80 byte limit to anchor anything you might want.

And the part about mining centralization is a psyop. Miners will compete for out of band spam transactions and spammers will pay a fee premium because they can't get it relayed any other way. It would actually help the long tail of small miners who'd mine spam for cheaper than the big miners would because they'd take longer. The fee premium also helps spammers run out of money faster.

This is nothing but money trying to turn bitcoin into ethereum.