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Replying to Avatar sommerfeld

I'm suprised you of all people have this take.

I have heard your voice countless times in my hears laying out why the only sensible use of a blockchain is money, i.e. people only have one worthy use for a decentralized inefficient database.

Blockspace is blockspace. Money just happens to be the only worthy use case for block space in the long run. There is absolutely 0 need to enforce that directly. The free market naturally self corrects malinvestments.

Doing so just makes bitcoiners look desperate, insecure and petty.

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Guy Swann 2y ago 💬 1

I still think this. On a long enough timeline this isn’t an issue. My argument above isn’t suggesting otherwise. Fees are the best solution.

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freedom dev ð“…¦ 2y ago

The take is correct from an engineering standpoint.

"Every bit counts" used to be the motto in IT. Where it went?

Now, politics... I'll leave it to politicians.

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