With respect... that explanation kind of falls apart because there have always been restrictions on arbitrary data.

The restriction to 80 bytes in op_return for example is limiting... Monkey pictures and cartoons are relatively big, right?

What I can't understand for the life of me is why fees aren't higher. The greatest demand is for 2 sats/vb meaning that... jpegs are cheap. Like 30,000 sats to upload a picture for the next 100+ years that's like the cheapest cloud storage ever.

Is this how cheap Bitcoin is going to be?