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0 sats \ 1 reply \ @028559d218 OP 13 Oct \ parent \ on: There's something Rotten in Denmark... and it's Bitcoin Users Lack of GUTS bitcoin
The mempool isn't empty because of the spam attack.
The mempool is empty because of the CGTaxes required by the state.
And because "bitcoiners" somehow have gotten soft and lazy.
And because people want change to happen without making any effort themselves.
If the blockchain was completely full... for months or years that data of financial transactions would be stored too, no? So blocks would be full anyway. In fact if it became the 'world reserve currency' of sorts blocks would be completely full and transactions expensive. Would you be happy then?
I always wanted to ask: which part specifically is the money? Is it the UTXO? The blocks? The various scripts? The private keys? The public keys? Relay policy? Which part is the Money? Maybe it's the ASICs that run all night and day?
The mempool is empty because of the spam attack.
People who use Bitcoin as money on a daily basis don't live in the US.
Check the stats against this explanation:
"People all over the world were using the main chain for all kinds of transactions and the mempools were moving along.
The spam attack caused the fees to rise to ridiculous levels for months.
People who use Bitcoin as money have lives to live, they can't wait for the Ordinals crowd to stop scamming each other. They were forced to find alternative ways to move value.
Once the spammers ran out of money and the fees went down, people had already found other ways and never looked back.
It's not easy to see, but check the stats. The mempool's activity never recovered after the spam attack.
And as a bonus, check the tweets from the time, spammers announced the attack. And then, they were gloating and making fun of normal people who couldn't afford the ridiculous fees."
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