540 sats \ 12 replies \ @Zepasta 6 Dec 2023 \ parent \ on: Luke Dashjr said that Ordinals & BRC20 will no longer exist on Bitcoin. bitcoin
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Who gets to decide what is considered spam?
You and your node
Censorship is censorship
And it is your right to censor stuff you don't like on your own node
Censorship is a fundamental human right
My node, my rules. Follow them or I'll kick your transaction out
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inscriptions remind me of the dot com bubble. The entire market was fed and subsisted on advertising dollars until the investment money dried up and then the advertising revenue dried up and it uncovered that there was no real value inside most of it.
I could see this happening with bitcoin and inscriptions--a bunch of VC funds got the green light to spend millions on inscriptions--they are spending that on mining fees, but eventually all of it will dry up and we'll see who isn't wearing any clothes.
The only question in my mind is how long these startups can keep pushing the investment/loss forward to the miners without realizing their fate.
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What if miners become the majority creators or inscriptions, thus the economic cost isnt really exhausting the inscriptors and miners profit off inscriptions and not fees and there is no space left for other economic activity ? I dont want that to happen and worried about it 😞
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This is why there could be a fork. This could turn into Bitcoin (hard money) vs Bitcoin Inscriptions as two competing mining networks.
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Although, the current activity isn’t a fork, it’s just selective mining, which miners have always been allowed to do. Only will be a fork situation if Luke and team decide to make their code inoperable with the current rules to create a fork. But if that happens, they would be volunteering to be the shortest chain and lose the title of Bitcoin.
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Cue Johnny Keynes.
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Dumping nuclear waste in your water supply is also not out-of-consensus with bitcoin so I guess you defend people doing that?
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“A man's flesh is his own; the water belongs to the tribe.”
― Frank Herbert, Dune
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This would be a good response if his assertion was that anything not prevented by Bitcoin is morally right, but that's not what he said lol
What I believe he's saying is that it's strange for a group of people who originally claimed to support the unwavering right to store and transact Bitcoin now have a problem with how people are transacting.
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The free market will decide. Feel free to argue with internet strangers, or to choose whatever you believe and let the free market consensus determine what attributes it values enough to be part of bitcoin core
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To me this whole brc20 and ordinals stuff is a way for shitcoiners to try and weaken btc. For me this is non-utility, bunch of scam stuff we don't need on our chain, idgaf if it gets censored, u cannot sensor these dumb shitcoiners/scammers enough. Just scroll once on r/cryptocurrency, filled with absolutely retarded people that think btc is trash.
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