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Well said.

Instead of asking why are there inscriptions, we should be asking why is this an issue for the network? We'd have similar congestion with a billion new users. Perhaps the angst right now in the community is more a function of Bitcoin's current limitations in terms of scalability. Bitcoin isn't inevitable. It still requires a lot of hard work if it is going to scale for all of humanity, especially in a self sovereign way. Instead of considering censorship we should be talking about improving scalability. Lower your time preference and see the forest through the trees. View quoted note →

Isn't this what fees are for?!

Sound money requires very large transactions, it's just a fact.

Thank you for these wise words! Boosted and followed! 🧡

And also want to do something about it… let the free market figure it out 🙏

Grifters gonna grift

Since the inscriptions fans are asking for bigger blocks I think they'll be the ones forking. History tells us how that goes. View quoted note →

There are examples of doing this though such as limiting the size of OP_RETURN, the introduction of standard transactions on Core as a forwarding policy, limiting the depth of child/parent transactions, limiting the size of a transaction, etc. Do you consider all of these a different category? (I'm not suggesting we "do something" but I'm just exploring whether it is a reasonable discussion or not.)

Well said. Not everyone has to like it. Those that don't like it can ignore it and and keep focusing on what they feel is best for Bitcoin. I hated it the first few weeks, but have since realized I just don't care all that much. I think it's dumb and that's fine. That's on me. Besides, what kind of asshole would I be if I told someone how they could use Bitcoin? 😬

💯

that philosophy in and of itself is a centralizing premise because it's regulatory. and it's linguistically murky to assume Bitcoin schematics for control purposes shouldn't be discussed in literal terms. the distribution of bit through wallets causes extreme exposure to emf irregularity. ignoring real-world content and narrative consequences because of instigated antagonism is poor decision making - the ai is training itself on your behavior, and is profiling you based on what sticks. that's considerably more dangerous.

A sound opinion. #[0]

#Bitcoin was invented to be a digital currency. The Ordinals/BRC-20 enthusiasts are usurping the network for a different purpose. In the process of doing that, they’ve made its intended use more expensive and therefore less attractive in comparison to alternatives. If Pepe coin or JPEG collectors want to pay for their tokens with Bitcoin, fine. It would be censorship to stop them. That doesn’t mean we need to allow them to save their purchases on the Bitcoin blockchain.

It not only increases centralization, but it dramatically lowers trust. There's a share of the population every week that might step into bitcoin -- not necessarily as an orange-piller, but open their first wallet at least. And I think it's the responsibility of those of us in the community to make it look as sane and normal as we can.