I don't recall which bitcoiner I heard make this claim but it stuck with me. Bitcoin is for enemies. Falling down the rabbit hole of bitcoin has led me to learn more about many topics and connected many dots for me. One is that money is a utility. It is used by everyone. A good money will be used by people that hate you. Regardless of their values they need money. Even people that claim to hate money use it. They actually want it. It always sticks out to me when someone with more of a socialist mindset talks about how much they hate freedom, I mean capitalism. And they hate money. Yet they seem to just want to take it from others.
The best money is going to win eventually. Fiat money worked better than gold for a while. It sucks at protecting value over time but it is easier to transport than gold. Criminals use it. Good people use it. Enemies of your nation use it. This is one of many reasons why I find it so odd that politicians seem to think they should point out how many bad people use bitcoin.
We all have our morals and opinions. You and I don't agree with many people that hold or use bitcoin. I think NFTs are dumb. I think the whole inscriptions nonsense is a waste of blockspace. But, it was inevitable that these people would make their way to the best system, bitcoin. When people ask me about bitcoin they sometimes ask if the devs could censor the network. The answer is not really. Because the node runners decide which version of the software to run. This became a reality for me when the inscriptions came on the scene in early 2023. Like many of you, I was angry about it. This is dumb. This is driving up fees. But as I thought more about it and heard the many arguments about it I started to land on a different angle. Bitcoin is for enemies.
Even though so many prominent bitcoiners want to stop inscriptions they really can't. It is very hard to get consensus to do something to the protocol to stop it. We have seen that Ocean mining is refusing to mine these transactions but that doesn't work either. The incentives are such that another miner will just collect the fees and include the transactions in their block. The inscriptions crowd just showed us that even the most adamant bitcoiners are gonna find it hard to stop transactions they don't like. Someone once said that no one tries to censor inoffensive speech. It is offensive speach that gets censored. So the fact that offensive use of block space isn't censored... I think that is bullish.
Read my previous posts in this series.