Fees are not a panacea. Those who can pay the most fees, maybe the same entities profiting from using Bitcoin as a JPEG dumpster. If not for Taproot and thus the inscriptions hack, we wouldn't even need to have this conversation. Bitcoin is money. Shitcoins are for monkeydickjpegs. #Enshitcoinificat...

What if one of the parties paying the "free market" transaction fees has an endless money printer? Would those fees be a deterrent from implanting something that can be used against the network later? Think long about this from the perspective of the owner of that money printer, since this network ...

The idea that the free market or transaction fees alone will prevent spam is unrealistic. You cannot compare ordinary users who just want to transfer money with actors who treat the blockchain as a global billboard. What looks expensive for a simple payment may seem cheap when it buys worldwide, per...