Remember when Ordinals first got activated and fees went to double-digits and everyone went mad? It didn't last and the runes hype wont last forever either. You're witnessing a beautiful redistribution of wealth in action.
Until they run out of sats.
The degenerates are spending mommy and daddy’s tax return money to post pee-pee images on the Bitcoin network.
Once they run out or money and are grounded for a week fees will go back down.
Much more money behind this but they need runes to succeed or it's a net loss for them and they've already lost millions during the initial ordinals hype.
The stupid getting parted with their sats
As they should. If you don't want your sats, someone else will happily take them from you.
industrial miners also have plan n motive to keep fee ALWAYS HIGH for hashing
can someone trace the utxos paying for these fees and see if they are closely linked to miners?
