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1084 sats \ 1 reply \ @TheCharlatan 3 May \ parent \ on: JPEGS or no JPEGS... Bitcoin dies without Fee Pressure. THAT is the Truth bitcoin
I really like the following gmaxwell quote from 2015: "Since Bitcoin is an electronic cash, it isn’t a generic database; the demand for cheap highly-replicated perpetual storage is unbounded, and Bitcoin cannot and will not satisfy that demand for non-ecash (non-Bitcoin) usage, and there is no shame in that."
https://gnusha.org/pi/bitcoindev/CAAS2fgQyVs1fAEj+vqp8E2=FRnqsgs7VUKqALNBHNxRMDsHdVg@mail.gmail.com/
Clearly this is a political issue, it's in the name "policy" itself. I don't think attempting to minimize harm is caving to shitcoins. I think they should be held accountable socially, but we also have to face the fact that them anchoring data in the chain is inevitable.