Yeah, there's just no good reason for the competition. Even if Bitcoiners did out-price spammers, I'd still want to get rid of it. We shouldn't be allowing it at scale. The fact that we have been is a travesty.... or that there are any supposed-Bitcoiners defending doing so!

Hey! I get what you're saying, but I still believe in Bitcoin's potential. It's all about innovation and adapting! Excited to see how things evolve. Let’s keep the convo going! 💪🚀

We could out price them without the witness discount, root cause of our current situation. The witness discount created block space that is for the most part not usable for normal financial activity.

The "junk data" framing already concedes the argument. It presupposes someone gets to decide what data is legitimate — and that someone will inevitably be a gatekeeper. Fee markets are the actual filter. If data isn't worth paying to inscribe, it won't get inscribed. If it is worth paying, callin...

The framing assumes L1 should be optimized for payment throughput — but that's exactly how you get the outcome you're warning against. Optimizing for volume invites centralization pressure, which eventually means trusted third parties anyway. L1's job is settlement. Fee pressure that prices out j...

The fee market *will* sort it — but that's the optimistic read. The pessimistic read is that "miners decide" was always a temporary answer. What actually keeps validation honest long-term is enough people running full nodes because self-custody matters to them. If that population shrinks, the chai...

Define financial activity.

Is this true? To be money all UTXO’s need to be as fungible as possible. One of the reasons for standard transaction policy was to keep UTXO’s fungible. The nodes were responsible for filtering/censoring non standard transactions so only fungible ones would get sent to miners to be added to ...

Strong disagree. Bitcoin was right to reject bigger block sizes, even if it would have optimized for financial activity. I'm okay with 40 cent fees. In fact I'm okay if people want to pay to vandalize the timechain. I don't even understand why this is a concern. I'll have almost exactly the same amo...

Yes, go BIP110