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reading it, it's broadly redolent of what's been going on with Ordinals/Inscriptions here, as the unintended consequence of soft fork upgrades to Bitcoin.
I thought the same thing. The one big difference, though, is that ethereum will become far more centralized and easily controlled by outside forces, including governments. Bitcoin retains decentralization.
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exactly, and the cost of non-traditional use cases should reduce the number of outright scams on bitcoin
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Exactly. For the lack of real applications, core devs are delving more and more into esoteric stuff, with unintended consequences: witness discounts, removing restrictions on witness size, etc. I view Taproot as over-engineering, but there's still more to come...
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