I listened to the What Bitcoin Did Saylor podcast, and I really want to respond, though that may be unwise. But I want thoughtful, fearless content in my feed, so I should start making some, right?
F...
Too much utility is damaging: we’ll end up with miners being the only ones economically capable of processing covenant transactions due to the demand and we are back to big blocks. It really doesn’t work. Saylor is right.