I've read this thread. It's predicated on a nonsensical statement from Greg Maxwell: "Demand for cheap highly-replicated perpetual storage is unbounded."

"Cheap" and "unbounded demand" are opposites, lol.

This is fear-mongering about Bitcoin becoming a database. If it's so valuable as a database, and you need to pay for said data storage using Bitcoin, how is that bad for Bitcoin? Sounds bullish to me.