I think my anti-spam reasoning is fairly unique. It's an attack on the availability of the system. In cybersecurity, we largely protect Confidentiality, Integrity, and Availability. DDoS is a form of availability attack. I see spam as a DDoS, and the effect on monetary transactions is the biggest issue with non-monetary transactions.
I find UTXO bloat and especially storage concerns to be largely overblown, and less important than the fee competition.
If your main concern is that data embedding increases competition for blockspace, how do you square that with feerates being under 3 s/vB for the last two years, under 1 s/vB for the last year?
I think my anti-spam reasoning is fairly unique. It's an attack on the availability of the system. In cybersecurity, we largely protect Confidentiality, Integrity, and Availability. DDoS is a form of availability attack. I see spam as a DDoS, and the effect on monetary transactions is the biggest issue with non-monetary transactions.
I find UTXO bloat and especially storage concerns to be largely overblown, and less important than the fee competition.