Damus
ODELL profile picture
ODELL
@ODELL
Bitcoin transaction fees limit network abuse by making usage expensive.

There is a cost to every transaction, set by a dynamic free market based on demand.

It is an incredibly robust way to prevent spam without relying on centralized entities that can be corrupted or pressured.

https://www.discreetlog.com/utxos/
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Cold Compost · 146w
If everything else is a test net for bitcoin then shitcoins on bitcoin is a logical end state. They play by bitcoins rules, and they pay like all the rest.
Bitcoin Gladiator · 146w
The free market will always find the most efficient way. Read "The Bitcoin Standard"
gsovereignty · 146w
Resistance to censorship is a consequence of transaction fees. The State is the adversary in the Bitcoin security model. We are now exiting the honeymoon period where nobody cares about Bitcoin. We haven't yet entered a criminalization phase but it's coming. When that fails, they State will deploy...