𝐓𝐗𝐌𝐂
𝐓𝐗𝐌𝐂|6月 26, 2026 18:07
Genuinely feels like the anti-spam debate is a red herring that serves only to distract from the facts that the all-in cost of a node is in structural decline over time and that the only thing allowing spam to proliferate is a TOTAL LACK of competitive blockspace demand from anyone. People talk as if the spam is "ruining" Bitcoin's use case as a monetary instrument, despite the fact that every ordinal mint is a valid transaction paying a fee, which means it has a monetary component by its nature. As well, every person currently holding BTC is literally using it for monetary purposes as a store of value, even if they aren't actively transacting. Maybe the more pertinent conversation we shouldhave is how there has been no competition in the mempool even at the height of the recent bull market because the marginal new investor only owns arms-length price exposure through proxy instruments as the supply is hoovered up by giant monolithic state-compliant entities who don't give a shit about its sovereign properties.(𝐓𝐗𝐌𝐂)
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads